SocGen Says S&P 500 Melt-Up to 3,400 Is Likely But Unsustainable
An electronic ticker board indicates S&P BSE Sensex index at the Bombay Stock Exchange (BSE) building in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

SocGen Says S&P 500 Melt-Up to 3,400 Is Likely But Unsustainable

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(Bloomberg) -- The equity rally that’s built on hopes for a growth rebound won’t last as the U.S. economy is heading for a “mild recession” next year, according to Societe Generale.
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