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Summary | 5 Annotations
At some point the economy is going to slow. We will have higher interest rates to go along with that, and that’s going to hurt valuations.”
2018/12/11 07:04
So where’s the floor? Below are four views that tackle the question from the perspective of valuation,
2018/12/11 07:04
Growth will decelerate next year, but still far above zero as implied by the equity market, according to Goldman strategists led by David Kostin. The firm’s economists forecast a 2.5 percent increase in next year’s gross domestic product.
2018/12/11 07:06
we believe there is short-term upside to the S&P 500.”
2018/12/11 07:06
“Right now I feel like everyone is so pessimistic and just so ‘glass is half empty’ that I would expect you could see the yield spread get a lot wider before we hit a bottom,” Chris Zaccarelli, chief investment officer at the Independent Advisor Alliance, said by phone. “On the other hand, I already think the sell-off has gone too far, so who’s to say?”
2018/12/11 07:07