Panmure Liberum forecasts S&P 500 falling to 5,000, warns bull run nearing end - Reuters — SkimNews

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- Panmure Liberum forecasts the S&P 500 falling to 5,000 and warns the current bull run is nearing its end.
- A MarketWatch strategist frames an AI "reality check" as potentially pulling the S&P 500 to 5,000, outlining specific trades to position for the move.
Why it matters: Panmure Liberum's 5,000 target is the most explicit near-term bear-case forecast from a major broker in this round of coverage, and the convergence with a MarketWatch strategist's AI "reality check" framing means the call isn't a single-firm outlier — multiple voices now see AI-driven gains unwinding toward the same level.
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