Reported about 14 hours ago
Goldman Sachs has cautioned that the recent surge in equity prices has left stocks vulnerable to corrections, citing high valuations, rising bond yields, and uncertainty around economic growth. Strategist Peter Oppenheimer suggests that while the market may progress in 2025, fears of high valuations, increasing interest rates, and concentration in major stocks pose significant risks. The firm anticipates a modest 3% return for the S&P 500 over the next decade, highlighting potential disappointments for investors.
Source: YAHOO