I think there's a correction coming sometime in the next lets say three or four months.. but some major players think the market is going up... Goldman Sacks sees the market going up 9% more by the end of '22..
'MoneyWise
Don't count on a crash: Goldman Sachs expects 'record highs' to keep rolling, with these 3 stocks leading the way
As inflation spikes and interest rates rise, many Wall Street firms believe a major correction could be on the horizon.
Not Goldman Sachs. The bank expects the S&P 500 to hit 5,100 by the end of next year, roughly 9% above where the index is today.
“Counter to the intuition of many investors, the stellar 26% YTD return is not a good reason in itself to expect a weak return in 2022,” says David Kostin, chief U.S. equities strategist at Goldman Sachs, in a note to investors this week.
“Real rates, while rising, will remain negative, and investor equity allocations will continue to establish record highs.”..............'
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