Panmure Liberum forecasts S&P 500 retreat to 5,000 by end-2027

Panmure Liberum forecasts the S&P 500, the broad U.S. stock benchmark, will retreat to 5,000 by end-2027 and warns the bull run is nearing its end, Reuters reported Oct. 5, 2026. For retirement savers, that would mean lower portfolio values. I’d treat a two-year point target as a scenario, not a certainty.