The S&P 500 will serve up a minuscule return over the next decade that falls far short of the booming returns of the last decade, forecasts Goldman Sachs.
Goldman forecasts just a 3% S&P 500 annual return the next 10 years
Financial News
CEO of JPMorgan warns US of economic fate worse than recession: ‘The worst outcome’
JPMorgan Chase CEO Jamie Dimon believes the “worst possible outcome” for America’s economy is stagflation, where inflation rises but growth falters.
Nvidia alone accounts for more than a third of the S&P 500’s gains this year—and it’s a big risk for investors, top economist warns
“The bottom line is that the extreme concentration of returns in the S&P 500 makes investors more vulnerable to single headlines impacting the one stock driving index returns.”
Apollo’s chief economist calls the S&P 500 ‘vulnerable’ as it hovers just below all-time high of 5,523. Here’s what has him worried
“The market is record bullish on future earnings for the top 10 companies in the index.”
Nvidia alone accounts for more than a third of the S&P 500’s gains this year—and it’s a big risk for investors, top economist warns
“The bottom line is that the extreme concentration of returns in the S&P 500 makes investors more vulnerable to single headlines impacting the one stock driving index returns.”
Chase bank to let advertisers target customers based on spending data
Marketers in the new program will only pay the bank when a customer makes a purchase
