Anthony Esposito: Bull Market Still Running — and Gold Could Hit $5,000
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Anthony Esposito says the U.S. market rally still has legs, calling this the “later innings” of the bull run — not the end. He credits easing trade tensions with China and expectations of more Fed rate cuts for fueling investor confidence and moving money out of gold into stocks and Treasuries. Esposito expects equities to climb another 2–3% by year-end as risk appetite stays strong.
On trade, he says a fairer U.S.–China deal and new Japanese investments could further boost U.S. growth by bringing capital into the country instead of exporting it. He warns, however, that final trade details with China will take time.
Despite gold’s recent pullback, Esposito remains bullish long term — projecting gold could reach $5,000 an ounce within 6–12 months as inflation, global debt, and real rates drive renewed demand.
