us stock market news: This market veteran says, Goldman Sachs prediction of a lost decade for stocks is wrong, states it is set up for a Roaring 20s-like boom
What will happen to S&P 500?
Goldman Sachs was of the opinion that the annual returns of the premium stock could be around 3% in the coming years, which would be record low as compared to the previous years where US investors have achieved some amazing returns by putting their money on S&P 500.
Also Read : Donald Trump to win U.S elections and be president? Veteran journalist says early vote totals indicate that
However, Yardeni is claiming that S&P 500 has chances of touching up to 11% in annual returns, as productivity growth and strong fundamentals around technology could be key reasons for growth of such a stock like S&P 500. It must also be noted that S&P 500’s growth often influences some of the other stocks that follow it closely in terms of value. Therefore, a S&P 500 boom will most definitely send a strong message across the US stock market, and can create a potential boom.
What could be in store for the US stock markets’ future?
According to Yardeni, the US stock market will continue to see growth and surge if the dividends keep growing at a healthy rate in the coming years. Moreover, if the growth is majorly technology-driven, the surge could go a rather long way for the US stock markets, including major funds like the S&P 500.Also Read : Bridgerton Season 4: Nicola Coughlan & Luke Newton tease Polin storyline
FAQs:
Is the S&P 500 showing a dip?
Since September, S&P 500 has been demonstrating a rather poor run at the US stock markets, which may continue through the year, suggest analysts.
Are there chances of a US stock market boom?
If not now, the future may soon see a major US stock market boom, where some of the premium stocks including the S&P 500 may see massive returns, according to economists.
Disclaimer Statement: This content is authored by a 3rd party. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.
