Ruchir Sharma

Capital Economics pencils in 7.7% more upside before a 21% fall to 6,500

James Reilly's path has the S&P 500 up 7.7% by December and down 21% by the end of 2027, a net loss of about 15% for anyone who holds through both legs. Ruchir Sharma's 5% trigger is three basis points away.