<div id="readability-page-1">Some pundits and skeptics have serious doubts about the S&amp;P 500's ability to pull off the hattrick of 20% return years. Wells Fargo (NYSE:WFC) senior market strategist Scott Wren thinks that such a so-called &#34;three-peat&#34; is probably off the table, with a 6,600 target for 2025, which entails a return closer to 10% and around 8% from current levels. ...</div>

<p>Wells Fargo's senior market strategist, Scott Wren, expresses skepticism about the S&P 500 achieving three consecutive years of 20% returns. He suggests that a more realistic target for 2025 is 6,600, indicating a potential return of around 10%, which is approximately 8% from current levels. Investors should consider these insights before making decisions about moving their 401(k) to cash amid recession concerns.</p>

Worried About a Recession? Here’s What to Know Before Moving Your 401(k) to Cash