explains Goldman Sachs' latest note, noting equity strategist Ben Snider's assurances that this isn't as bearish a call as it looks.
And he said, when you zoom out over a 10 year period, it's hard to have a look into what that shock could be.That's why we feel good about stocks over the next 12 months. And we did 13% for 10 years on average and then you do 3% for 10 years on average, you come out to something closer in the 8% range over a 20 year period, which again, if we study the S and P 500 over a 20 year period, that's not that far off from average.And I think what Ben told me is, that's kind of been the takeaway is he's talked to investors talking about this note saying 3% over the next decade.
Like we've talked about a lot and if someone else becomes a key player in A I, this is specifically what Nicola said, wouldn't you think it's probably an American tech company?The past several decades of empirical evidence.Capitol riot defendants face upheld trespassing charges in US court CHICAGO, Oct. 22, 2024 -- FreightCar America, Inc. , a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced that the Company will present, and conduct one-on-one meetings with investors, at the LD Micro Main Event XVII on October 29, 2024 in Los Angeles. Nick Randall, President and Chief Executive Officer, and Mike Riordan, Chief Financial Officer, will begin the presentation at 10:30 a.m.
NEW YORK — U.S. stocks drifted to a mixed close after erasing most of their losses from earlier in the day. The S&P 500 slipped a bit less than 0.1% Tuesday, marking its first back-to-back loss in a month and a half. The Dow Jones Industrial Average ended essentially flat. Like the S&P 500, it’s been on a long, record-breaking rally and set its latest all-time high on Friday. The Nasdaq composite rose 0.2%, lifted by gains in several Big Tech stocks including Microsoft.
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