Raymond James Super-Bull Jeff Saut Retires At 69
After 20 years as chief investment strategist at Raymond James, Jeff Saut is retiring at 69 at the end of the week. Over the last decade, Saut has maintained a high-profile as one of the current bull market’s biggest believers.
Like Liz Ann Sonders at Charles Schwab and Richard F. Bernstein at his eponymous boutique firm, Saut recognized shortly after the financial crisis that the sell-off in equities in 2008 and early 2009 represented one of the best buying opportunities of most Americans’ lifetime. Saut has said repeatedly that the current bull market would last 15 to 17 years and take the S&P 500 to 5,400 by 2025, or nearly double its current level.
