Goldman Sachs is predicting the S&P 500 will hit 3,600 if markets price in a 'more optimistic US GDP forecast'

Business Insider

Published

· Goldman Sachs said in a note Thursday the S&P 500 can hit 3,600 if markets price in the bank's "comparatively more optimistic US GDP forecast."
· The bank's strategists Dominic Wilson and Vickie Chang say if the economy contracts by only by 5% in 2020, and grows by 6.2% next year, then real yields will rise sharply to levels...

Full Article