From Financial Modeling Prep: 2024-10-16 03:03:35

Goldman Sachs predicts the S&P 500 could reach over 6,000 by 2024, driven by strong corporate earnings and investor FOMO. Despite concerns about high valuations and macro uncertainties, the market continues to rise. However, overvaluation and macroeconomic risks could pose challenges to this optimistic forecast. Investors should remain cautious.



Read more at Financial Modeling Prep:: S&P 500 to Hit Well North of 6,000 by End of 2024, Says Goldman Sachs Amid Stock FOMO