Goldman Says Stocks Will Hit New Record Highs Again By End Of 2020

  • 📰 Forbes
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

The firm said the likelihood of a coronavirus vaccine by early 2021 is “rising sharply.”

Goldman reiterated its year-end target for the S&P 500 at 3,600, implying a 6% upside from Monday’s close of around 3,383.

The S&P 500 is now attempting to rebound from its first two-week losing streak since May, which was sparked by a sharp sell-off in high-flying technology stocks that pushed the Nasdaq Composite intoGoldman called the recent sell-off a “warp speed correction,” noting that reasons for optimism—mainly progress on a coronavirus vaccine and economic reopening—still remain intact.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Of course they will. These Trump Idiots doesn't realize, the rich are getting richer off their suffering. The Economy for the Rich has never slowed down, thats why Trump is playing Black vs White to distract you.

Yes sir, Indian economy will boom. And already started getting back into shape..

The Federal Reserve is boosting prices for the foreseeable future. How can this ever fail? Stock price inflation will beat inflation no matter what. No one should be saving or holding anything back.

How many people will be evicted and homeless?

Criminals

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nasdaq, tech stocks coming out of correction: Here's what recent market history says about rebound lastingThe Nasdaq Composite Index hit a correction this month but has bounced back, with big tech stocks like Apple and Tesla rising again. Recent market history says sudden Nasdaq selloffs don't last. I will not read your article because history tells us nothing !! today and everyday , everybody should be buying stocks handover fist!! only losers sell !! Good advice sell and then put your money in the bank and earn 0.01% !!!
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street Democrat hopes Biden beats Trump, but says a Biden win would initially hurt stocksHowever, investor Michael Novogratz said Monday that a Biden presidency may 'actually start balancing out the disproportionate gains' made in stocks, and in the long run, 'markets will be stronger.' We know dementia joe would tank the markets Leftist Propaganda. Scum media. You gotta be in the right sector if Biden wins (renewable energy )
Source: CNBC - 🏆 12. / 72 Read more »

A top market expert says stocks won't suffer any 'significant' drops from here as 'strong secular growth story' carries on | Markets InsiderBloomberg TV Seema Shah of Principal Global Investors said she doesn't expect any 'significant' drops in the market from here as a secular gro... What stock does she have in mind? 'This time, it's different.'
Source: BusinessInsider - 🏆 729. / 51 Read more »