Goldman Sachs' had released their most bullish forecast, raising the year-end target for the S&P 500 to 1750 and target of 2100 in 2015. Assuming low volatility and upward trend, valuations should hold relatively steady.
6 Reasons of Bullish Forecasts:
Read More (Source): http://www.businessinsider.com/chart-goldman-sachs-sp-500-forecast-2013-5
6 Reasons of Bullish Forecasts:
- Wide Equity VS Bond Yield Gap
- Stagnation (low economic growth) ends
- Recovery in labour and housing
- Easy Federal policy
- Reasonable Valuation
- Better equity flows
Read More (Source): http://www.businessinsider.com/chart-goldman-sachs-sp-500-forecast-2013-5