Duration 4:36

We are setting ourselves up for 'growth surprise' next year, says BofA Securities' Subramanian

by CNBC Television

58 934 watched

0

215

Published 27 Oct 2023

Savita Subramanian, BofA Securities head of U.S. equity and quantitative strategy, joins 'Squawk on the Street' to discuss why she has a year-end S&P price target of 4600, why she believes we will see a 'growth surprise' next year, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi� � » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC https://www.cnbc.com/select/best-credit-cards/� � #CNBC #CNBCTV

Category

Show more

Tags

Squawk on the Street

CNBC

Business news

Finance stock

Stock market

News channel

News station

Breaking news

Us news

World news

Cable

Cable news

Finance news

Money

Money tips

Financial news

Stock market news

Stocks

Comments - 57

@

@tonysteinke72347 months ago Forecasting markets is like forecasting the weather. You can be wrong all of the time, but still make a good living. 5
@

@masterstacks20307 months ago Everybody in weimar republic thought they were all getting rich in the early stages of the currency debasement. You can' t measure the health of the . ...Expand 7
@

@muhammadzohaibmehmood41817 months ago At the beginning of the year, she was bearish and then got bullish in q2 and later issued spx500 target of 4, 600 when spx 500 was trading at 4, 580. Last . ...Expand 7
@

@zhsloe7 months ago Sooo getting 2008 feels watching this video rn. 5
@

@JohnDerrick-zj5er7 months ago The stock market is a complex system that is influenced by a variety of factors, including economic indicators, political events, and global trends. The . ...Expand 5
@

@glowwurm93657 months ago They always through boomers out there, but on the flip side boomers are a contributing factor to inflation, theyve left the job market creating a vacuum i . ...Expand 2
@

@johnmininger74727 months ago If you told me the millennials are sitting on a boatload of cash, then i would see the case for an earnings surprise. What exactly are boomers going to . ...Expand 2
@

@D317817 months ago Steve weiss having a short position on tsla and not telling the audience and trashing the stock is illegal! This guy should be arrested. 9
@

@wuhgees7 months ago Wait let me get this straight. She was bearish for a long time while the market is up and up. Then she flipped to ultra bullish at 2023 all time high. Market tanked ever since. Now she' s bullish? Hm. 13
@

@ahanv.80357 months ago Savita is lying through her teeth. She was bearish all through the first half, and then turned bullish at just the wrong point. 7
@

@ephilippos7 months ago Money is there but not for investing in the smpeople are waiting to see with all that is happening around the world. 1
@

@vasanthchandrasekaran32187 months ago Got to love savita. She forecasted recession every year from 2017 to 2022. And it dint happen. All her predictions are on youtube. Now she is expecting growth surprise next year - ok i am worried now.
@

@blankjohnson69347 months ago Where is she pulling these numbers out of? I mean the year end targets. 2
@

@yangbomb27 months ago Beyondreal. It' s not that you think it will go to 4600. It' s what you need for your equity positions and to prove what you have been saying for the past few months.
also, analysts are the sales people of the sales people. Working with sell/buy side, always going with what has been happening. Flip-flip. ...Expand 2
@

@drajdew16647 months ago These analyst have no clue but talk is all they can do. 4
@

@staceylacey55877 months ago I am sick of hearing this crap from these sources. Like politicians, you cannot trust anything that comes out of their mouths. They have a stake in the outcome. Jabberwocky. 2
@

@illegalsmirf7 months ago Hiya pretty lady, you made me have a growth surprise rn lol;
@

@KishoreDuddekunta7 months ago I want to see her track record. She is horribly wrong. 2
@

@master159517 months ago She says baby boomers sitting with 80 triilion $ assets. 80! Buying houses for kids. Amazing.
@

@YoZen_Azken7 months ago Where are the boomers, boomers are suffering. Rich people dont produce more kids, 70% are enjoying their life who have money.
@

@dischoops7 months ago Lol. Long way to go for " growth surprise" we all have the tools to see that a major dump is happening, stop the pump. Lol.
@

@cozyslor7 months ago She' s awful at predicting, like all of them. She' s perfect for bofa as bac is and has been a crappy stock. 2
@

@janosik1507 months ago She has not clue at all, i am spending money, because i am not buying a house. I know it will take maybe 4 years for prices to came down.
@

@masterstacks20307 months ago Everybody in weimar republic thought they were all getting rich in the early stages of the currency debasement. You can' t measure the health of the . ...Expand 7
@

@muhammadzohaibmehmood41817 months ago At the beginning of the year, she was bearish and then got bullish in q2 and later issued spx500 target of 4, 600 when spx 500 was trading at 4, 580. Last . ...Expand 7
@

@JohnDerrick-zj5er7 months ago The stock market is a complex system that is influenced by a variety of factors, including economic indicators, political events, and global trends. The . ...Expand 5
@

@glowwurm93657 months ago They always through boomers out there, but on the flip side boomers are a contributing factor to inflation, theyve left the job market creating a vacuum i . ...Expand 2
@

@johnmininger74727 months ago If you told me the millennials are sitting on a boatload of cash, then i would see the case for an earnings surprise. What exactly are boomers going to . ...Expand 2
@

@yangbomb27 months ago Beyondreal. It' s not that you think it will go to 4600. It' s what you need for your equity positions and to prove what you have been saying for the past few months.
also, analysts are the sales people of the sales people. Working with sell/buy side, always going with what has been happening. Flip-flip. ...Expand 2