{"id":478146,"date":"2025-12-29T17:48:20","date_gmt":"2025-12-29T17:48:20","guid":{"rendered":"https:\/\/www.europesays.com\/us\/478146\/"},"modified":"2025-12-29T17:48:20","modified_gmt":"2025-12-29T17:48:20","slug":"why-the-stock-market-could-be-in-for-another-big-year-a-top-market-analyst-weighs-in","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/478146\/","title":{"rendered":"Why the stock market could be in for another big year. A top market analyst weighs in"},"content":{"rendered":"<p>Bespoke Investment Group co-founder Paul Hickey has reason to believe the market has more room to run next year, but said investors should be ready for twists along the way. &#8220;Expect the unexpected,&#8221; Hickey told CNBC&#8217;s &#8220;Squawk Box&#8221; on Monday morning. &#8220;We&#8217;re positioned positively for the year ahead. But nobody knows what&#8217;s going to happen by &#8230; the end of January, let alone by the end of the year.&#8221; Stocks like those connected to the artificial intelligence trade have been selling off on good news, Hickey said. However, the pros for the stock market, such as the lack of a large uptick in inflation, &#8220;outweigh&#8221; the cons, he explained. The mixture of the dollar, oil and 10-year U.S. Treasury yield all sitting near 52-week lows bodes well for stocks, he added. Historically, when the trio is all at the low-end of their one-year range, the outlook for equities is positive, the College of the Holy Cross alum said. &#8220;What we call those are the three-headed monster,&#8221; Hickey said. &#8220;When all those are rising in unison, it&#8217;s usually a big headwind for the market,&#8221; he said. &#8220;When they&#8217;re all falling or near 52-week lows, like they are now, it&#8217;s like they&#8217;re rolling out the red carpet for equities.&#8221; US10Y 1Y mountain U.S. 10-year Treasury, 1-year While the market may see a rotation in leadership, it&#8217;s important that the &#8220;Magnificent Seven&#8221; stocks to continue to at least tread water given their weight, Hickey said. He pointed out that the stock market since the launch of OpenAI&#8217;s ChatGPT has tracked closely to how it performed in the aftermath of Netscape&#8217;s product release in the 1990s. He said ChatGPT made AI mainstream in the same way that Netscape did for the internet. &#8220;Every time we bring it up, people laugh at us,&#8221; Hickey said. &#8220;I hope they keep laughing at us because the market has continued to defy the conventional wisdom and track that performance very well.&#8221; .IXIC 5Y mountain The Nasdaq Composite, 5-year chart Hickey brushed off concerns about an AI bubble , pointing out that precious metals and related stocks have rallied even further than the technology-heavy Nasdaq Composite . He noted that the Nasdaq has surged roughly 130% from October 2022 lows, while gold and silver have soared around 170% and 300%, respectively. &#8220;If there is a bubble anywhere, I think it&#8217;s in some of these precious metal stocks,&#8221; he said. Hickey&#8217;s expectations come as Wall Street readies for the new trading year, which commences with Friday&#8217;s opening bell. CNBC Pro&#8217;s exclusive survey shows the average strategist expects the S &amp; P 500 to end 2026 at 7,629, which reflects upside of more than 10% over last week&#8217;s closing level.<\/p>\n","protected":false},"excerpt":{"rendered":"Bespoke Investment Group co-founder Paul Hickey has reason to believe the market has more room to run next&hellip;\n","protected":false},"author":3,"featured_media":478147,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[81,171,3346,143,216579,145,134,20674,67,132,68],"class_list":{"0":"post-478146","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entertainment","8":"tag-business-news","9":"tag-entertainment","10":"tag-investment-strategy","11":"tag-nasdaq-composite","12":"tag-paul-hickey","13":"tag-sp-500-index","14":"tag-stock-markets","15":"tag-u-s-10-year-treasury","16":"tag-united-states","17":"tag-unitedstates","18":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115804117924056637","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/478146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=478146"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/478146\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/478147"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=478146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=478146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=478146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}