Goldman Sachs on why the S&P 500 could go higher than their 4500 target

[forex4you]

Goldman Sachs on why the S&P 500 could go higher than their 4500 target

Goldman Sachs' chief U.S. equity strategist David Kostin was speaking in an interview on Tuesday.

He said it's possible the S&P 500 overshoot his 12-month target of 4,500 ...
"The upside potentially would be that rates fall a little bit"

• arguing that lower rates have led to valuation expansions in the past
• also watch for better-than-expected earnings, these could also trigger stocks past that target level

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Goldman Sachs on why the S&P 500 could go higher than their 4500 target

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