Why James Demmert Backs 8,100 SPX Target Despite AI, Crude & Fed Volatility
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James Demmert says economies across the world are seeing interest rate hikes, not just the U.S. He believes the Fed remains firm on pulling inflation down to 2%, something he doesn't expect incoming inflation data to change. Despite inflation challenges, James makes the case for a fourth-quarter rally, bolstered by AI growth, to close out 2026. James sets a year-end target of 8,100 for the S&P 500 (SPX). ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitt
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