Here’s why Wall Street’s previously most bearish bank now sees the S&P 500 hitting 6,500 in 2025

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The 2025 forecasts continue to come thick and fast, and a notable projection is a fresh one from JPMorgan. For some time the U.S. bank has been among the most cautious of stock market observers. The perennially bearish chief market strategist Marko Kolanovic departed in the summer, since when the tone has turned a bit more optimistic.