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Goldman Sachs ramp up their S&P500 forecast to 4,700

Goldman Sachs have issued revised forecasts for the S&P 500 over 3-, 6-, and 12-month horizons:4300, 4500, 4700 respectivelyGS cite an increased risk appetite among investors due to inflation "continuing to reset", and enthusiasm about AI. In summary from the Goldman note published Tuesday:Federal Reserve is signaling further rate hikes but inflation is continuing to easeThe GS view of a market-implied recession probability over the next 12 months is under 50%Goldman bullish on Artificial Intel... Read More

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Goldman

Sachs

Ramp

Their

P500

Forecast

700 S p500

Forex

Posted: Jun 20 2023, 20:53

Author Name: forexlive

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