Alan Rechtschaffen, a senior UBS portfolio manager, sees the S&P 500 reaching 9,500 by June 2027, well above the UBS base case of 8,400, based on three technology waves: superintelligence, longevity and disease cures, and energy. Profits are his strongest support, citing 25% year-over-year earnings growth and expecting double-digit gains next year. The outlook assumes the Fed pauses in October and then raises rates two more times, while the 10-year Treasury yield closed at 5.13% on October 21 and he expects it to settle between 4.5% and 5%. He suggests 5-to-7-year Treasuries to lock in yield, with the 5-year at 4.95% and the 7-year at 5.03%, though those bonds lose value in the short run if yields rise.
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Related tickers and likely impact
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 773.09 |
| Change that session | +0.53% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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