Monthly S&P 500 forecast for May 2025
May 1st, 2025
Our monthly S&P 500 forecast for May is a 4.3 percent increase over the average of April 2025.
The model-based forecast takes into account the changes in oil prices and yield spreads. However, a forecast model cannot possibly capture the full impact of uncertainty caused by tariff wars and geopolitical tensions such as the war in Ukraine.