“The S&P 500 will reach at least 7,000 by December, with potential for further gains; the government shutdown is a 'sidebar issue' — 'We would not lean bearish because of shutdowns. If stocks are down, we would be dip buyers.'”

The S&P 500 never reached 7,000 in 2025: it peaked at a 6,932.05 close on December 23 and finished the year at 6,845.50 (+16.4%). His secondary call was right — the shutdown did not derail the rally and dips were bought — but the 7,000 floor was missed by about 1%.