The recent AI commerce faces a Eighties type lure and these perils, says this market bull

Most of the bullish calls by analysts for the stock market in 2026 include a continuation of the artificial intelligence trade.

Julian Emanuel, strategist at Evercore ISI, is no different. His price target for the S&P 500

SPX in a year’s time is nearly 12% up from Friday’s close, driven by more AI-related gains, U.S. fiscal stimulus, and corporate earnings growth.