The economist we follow very closely, Brian Wesbury, has revised his forecast for the S&P 500's value at the end of 2021. According to First Trust Portfolios' Capitalized Profits Model, the S&P 500 should be hitting 5,000 by the end of the year. Like usual, this is a bullish take on the market, but the indicators are there. Here is the link to the video in which Wesbury breaks down his reasoning for this forecast:
https://www.ftportfolios.com/Commentary/EconomicResearch/2021/8/31/5000
We are praying for the people of South Louisiana who were recently hit by Hurricane Ida.