Goldman: Four Reasons Why the Market is Going Much Higher

Last night’s much-buzzed about research report from Goldman Sachs, in which the firm lays out its new S&P targets, contains an interesting rationale for higher stock prices.

Rather than making the bull case based on earnings growth, Goldman believes that the 2% dividend yield on the S&P 500 will serve as a rising floor of sorts. This, along with an expanding PE multiple, augur well for US equities.

David Kostin and his team’s rationale, in four points, below:

kostin

Click over to Scribd for the full report

 

 

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. hack new version commented on Sep 12

    … [Trackback]

    […] Read More on to that Topic: thereformedbroker.com/2013/05/21/goldman-four-reasons-why-the-market-is-going-much-higher/ […]

  2. Bitcoin Era Review commented on Sep 22

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2013/05/21/goldman-four-reasons-why-the-market-is-going-much-higher/ […]

  3. bitcoin era review commented on Sep 25

    … [Trackback]

    […] Here you will find 97493 more Info on that Topic: thereformedbroker.com/2013/05/21/goldman-four-reasons-why-the-market-is-going-much-higher/ […]

  4. where to buy pinball machines USA commented on Nov 09

    … [Trackback]

    […] Find More Info here on that Topic: thereformedbroker.com/2013/05/21/goldman-four-reasons-why-the-market-is-going-much-higher/ […]

  5. british dragon products commented on Nov 13

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2013/05/21/goldman-four-reasons-why-the-market-is-going-much-higher/ […]

  6. http//rekrutmen.pln.co.id 2021 commented on Nov 14

    … [Trackback]

    […] Read More on on that Topic: thereformedbroker.com/2013/05/21/goldman-four-reasons-why-the-market-is-going-much-higher/ […]

  7. tangerine bank canada online commented on Nov 17

    … [Trackback]

    […] Find More on on that Topic: thereformedbroker.com/2013/05/21/goldman-four-reasons-why-the-market-is-going-much-higher/ […]

  8. Digital transformation companies commented on Nov 18

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2013/05/21/goldman-four-reasons-why-the-market-is-going-much-higher/ […]

  9. scotiabank online banking login commented on Dec 01

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2013/05/21/goldman-four-reasons-why-the-market-is-going-much-higher/ […]

  10. Ruger firearms for sale commented on Dec 01

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2013/05/21/goldman-four-reasons-why-the-market-is-going-much-higher/ […]

  11. wigs commented on Dec 17

    … [Trackback]

    […] Read More here on that Topic: thereformedbroker.com/2013/05/21/goldman-four-reasons-why-the-market-is-going-much-higher/ […]

  12. rbc bank commented on Jan 17

    … [Trackback]

    […] There you will find 6134 more Information to that Topic: thereformedbroker.com/2013/05/21/goldman-four-reasons-why-the-market-is-going-much-higher/ […]

  13. bandar togel commented on Jan 23

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2013/05/21/goldman-four-reasons-why-the-market-is-going-much-higher/ […]