In the big picture, Goldman sees the S&P 500 ending the year at 3,000, implying an 18.5 percent gain from Friday's close after a year that saw the large-cap barometer fall 6.2 percent. The firm believes investors are overly pessimistic about the growth potential for the U.S. economy, even though Goldman projects GDP rising just 1.9 percent for the year.

Read the original at Hope House Church Barnsley

Tags

Back to Browse