Goldman Sachs sees S&P 500 rising to 8,700 next year despite slower earnings growth
Detailed summary
According to Goldman Sachs, the S&P 500 index may reach 8,700 points within the next year, despite a decline in tech shares after the midterm elections in the US. They foresee a notable deceleration in global earnings growth by 2027, mainly in the US.
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Opening of the article, excerpted from The Economic Times. To read the rest, open the article on the publisher's site.
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