Goldman warns of lost decade for US stocks

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 98%

S&P500 Nouvelles

France Dernières Nouvelles,France Actualités

Dominated by handful of megacap tech stocks, index has enjoyed annual returns of 13% over the last decade

Dominated by handful of megacap tech stocks, S&P500 index has enjoyed annual returns of 13% for 10 years

Is a lost decade in store for US stocks? Goldman Sachs expects the bull market to continue next year, but that’s where the good news ends. Why? First, valuation. The index has enjoyed annual returns of 13 per cent over the last decade, resulting in a very steep valuation. Second, the US is dominated by a few megacap technology companies like Apple and Nvidia, resulting in a stock market more concentrated than any over the last century.

John Creedon: ‘I was always being sent away, not because they didn’t love me, but because they couldn’t cope’Wife of former lord mayor lodges proceedings against him and firm that owns their former home

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in FR

France Dernières Nouvelles, France Actualités