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Goldman says it's 'difficult' to envision a scenario where market goes substantially higher in 2023'It is difficult to outline a realistic scenario that drives the S&P 500 substantially higher next year,' said Goldman's David Kostin. Lol It is difficult not to agree with Goldman. Shillers PE is today around 28 (based on low interest rates) and we have zillions of problems ahead of us. Covid bill, inflation is picking up, Putin/Ukraine, real estate problems/bubble in China and so on.
Source: CNBC - 🏆 12. / 72 Read more »
Here’s ‘another problem’ for the U.S. stock market in 2023, says RBCA struggling U.S. stock market will next year have to contend with relatively attractive European equities after a recent shift toward value stocks,... finrafruad ftd FTXCRASH AMC What their track record
Source: MarketWatch - 🏆 3. / 97 Read more »