The stock market will surge this year before it 'collapses under its own weight' in 2027, research firm says

Traders work the floors at the New York Stock Exchange (NYSE) in New York on October 11, 2023.

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• The S&P 500 will rally for the next year before facing a double-digit correction, Capital Economics says.
• The research firm said it saw the index rising as high as 8,000 before falling back to 7,000.
• That's because investors will realize tech valuations have gone too far, the firm said.

Stocks are headed for one last hurrah in...