標普500目標點位1,550點

????歷史告訴我們，華爾街策略師們就是一群樂觀主義的人。2011年也不例外：2010年12月彭博社（Bloomberg）的一項調查顯示，市場平均預計2011年底標準普爾500指數將達到1,370點，對應漲幅為9%。但德意志銀行（Deutsche Bank）的賓基?查德哈認為，這樣的預測仍過于保守。他相信標準普爾500指數將漲至1,550點，漲幅23%。不幸的是，2011年標準普爾500指數在上漲之路上先后遭遇了歐元危機、美國債務上限之爭等多只攔路虎。2011年最后一個交易日，標準普爾500指數收于1,257.60點。

????看看查德哈最新的2012年展望報告，2011年預測似乎失敗并未讓他氣餒。他在報告中寫道，“我們相信公司基本面非常健康，估值極低，供需面強勁，這些因素最終將超越對風險的種種擔憂”。查德哈預計2012年底標準普爾500指數的點位是1,500點，漲幅為20%。

S&P 500 at 1,550

????History shows Wall Street's strategists to be an optimistic lot. This year was no exception: on average, prognosticators expected the S&P 500 to reach 1,370 by the end of 2011, according to a Bloomberg survey conducted last December. That represented a gain of 9%. But Binky Chadha of Deutsche Bank believed even those estimates were tame. He proclaimed that the S&P 500 would skyrocket to 1,550, a gain of 23%. Unfortunately, a few things got in the way of the S&P's rise, including the euro crisis and the U.S. debt ceiling fight. Today the index sits at 1,250.

????Recent misfortunes haven't discouraged Chadha, according to his 2012 outlook. "We see very healthy corporate fundamentals, extremely cheap valuations and a strong demand-supply balance eventually winning out against the concerns about the risks," he wrote. Chadha's prediction for the S&P 500 at year-end 2012: 1,500, up about 20%.