Goldman sees higher-than-normal valuations lasting a while, solid returns for stocks through 2024

The strong start to 2021 for the U.S. stock market renewed fears about sky-high valuations, but economic variables suggest that investors don't have much reason to worry about a major pullback, according to Goldman Sachs.

The investment firm's economics research analysts said in a note last week that low interest rates, improving labor markets and not-yet-surging inflation meant that current equity valuations seemed reasonable. "We find that unusually low bond yields, low inflation and a rapidly improving labor market are conditions that should be associated with unusually high valuations," the note last week said.

Pro 💯

Pro wow

Pro L.O.L

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stocks cling to modest gains and end the week higherStocks capped a listless day of trading on Wall Street with modest gains Friday and the S&P 500's first weekly gain in three weeks. A Call to Protect People and Nature! Thread to watch/read:
Fonte: latimes - 🏆 11. / 82 Consulte Mais informação »