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hope you guys watch latest news from leading media "Top-tier investment banks Goldman Sachs and Morgan Stanley forecasted that the United States economy will i
by mailtosameed 3y ago
hope you guys watch latest news from leading media
"Top-tier investment banks Goldman Sachs and Morgan Stanley forecasted that the United States economy will improve into 2024. In a Wednesday note to clients, Goldman Sachs said, “We forecast the S&P 500 index will end 2024 at 4700, representing a 12-month price gain of 5% and a total return of 6% including dividends.” The bank added, “Our baseline assumption during the next year is the U.S. economy continues to expand at a modest pace and avoids a recession, earnings rise by 5%, and the valuation of the equity market equals 18x, close to the current [price-to-earnings] level.”"