• Evercore ISI analyst Julian Emanuel says the bull market will accelerate under the Trump administration.
• Emanuel said Trump will quickly implement deregulatory policies, which will cause stocks to rise.
• He predicts the S&P 500 will reach 6,600 by the end of June.

According to Evercore ISI analyst Julian Emanuel, it is still early for the bull market and the rise is expected to accelerate during the next presidency of Donald Trump.

Emanuel said the S&P 500 will reach 6,600 by the end of June, indicating an 11% increase from current levels. He points to Trump’s deregulation that could help boost corporate profits.

“This market will move higher in anticipation of deregulation policy in D.C.,” Emanuel wrote in a note Wednesday. he wrote.

Emanuel said Trump will likely move quickly to enact his policies once he re-enters the White House. He said things like deregulation and corporate tax cuts would boost business activity and allow inventories to rise.

“There’s enthusiasm ahead; President-elect Trump will move quickly on policy initiatives, and stocks will move quickly in response.”

He said the two-year run of the bull market was driven by strong growth in large-cap technology stocks and that high valuations would rise further.

“There’s a history of what’s expensive getting more expensive and lasting longer with greater returns,” Emanuel said.

He pointed to data showing that the average bull market has seen a 152% increase in 50 months, while the current market has seen only a 65% increase in the last 25 months.

“He’s still a baby,” Emanuel said.

Emanuel’s rise in the S&P 500 index, projected through the middle of next year, comes after Trump won the presidential election with a landslide victory earlier this week. Widespread investor optimism.

Indices soared to record highs and the Dow Jones Industrial Average rose more than 1,500 points after the election results were announced on Wednesday. bank stocks, Tesla, And bitcoin all saw major moves higher.