Sanctuary Wealth – August 19, 2025
The secular bull market continues to charge ahead in a summer rally driven by robust economic growth, consumer resilience, and transformative technologies such as Artif icial Intelligence (AI), Blockchain, Web 3.0, Virtual Reality (VR), and Robotics. Strong corporate earnings, rising profit margins, healthy returns on equity, along with nearly $7.1 trillion in money funds allow for further gains. Our year-end target for the S&P 500 is 7000 with 7200 being reached next year. Our secular bull market target sees the S&P 500 reaching 12,000–13,000 by 2029–2030. We believe that any seasonal weakness can provide investors with opportunities to enter into positions at more attractive levels.