Path of the S&P 500 by the End of 2020 and Mid-Year 2021 Goldman Sachs maintains its S&P 500 price target to 3600 by the end of 2020, and its S&P 500 price target to 3800 by mid-year 2021. Image: Goldman Sachs Global Investment Research
Forecast – New Path of the S&P 500 Market in 2020 Goldman Sachs has set a price target of 3000 by the end of 2020, and a new mid-year S&P 500 target of 2400. Image: Goldman Sachs Global Investment Research
New Path of the S&P 500 Market in 2020 Goldman Sachs has set a price target of 3200 by the end of 2020, and a new mid-year S&P 500 target of 2000. Image: Goldman Sachs Global Investment Research
Forecast: Path of the S&P 500 in 2020 Goldman Sachs sees limited upside for the S&P 500 from current levels and set a price target of 3400 by the end of 2020. Image: Goldman Sachs
Inflation – U.S. Core PCE The GS Core Inflation Tracker currently remains below the Federal Reserve’s target of 2%, which is a crucial component of its monetary policy aimed at ensuring price stability and anchoring inflation expectations. Image: Goldman Sachs Global Investment Research
U.S. Inflation – Core PCE and Core CPI Inflation is trending downward towards the Fed’s 2% target, a crucial aspect of its monetary policy aimed at maintaining price stability and anchoring inflation expectations at a moderate level. Image: BofA Global Research
Inflation – Potential Paths for U.S. Core CPI If the Fed cuts rates in June, U.S. core CPI is expected to exceed the Fed’s 2% inflation target, which could pose challenges for the central bank in maintaining price stability. Image: BofA Global Investment Strategy
S&P 500 Forecast for 2020 Goldman Sachs forecasts a price-target for the S&P 500 at 3400 by year-end 2020, and a downside scenario at 2600 depending on tariffs and the US election result. Image: Goldman Sachs
S&P 500 Forecast for 2019 Goldman Sachs is holding its year-end price-target for the S&P 500 at 3100, and its downside scenario at 2620 (as of August 23, 2019). Image: Goldman Sachs Global Investment Research
Expected Fed Funds Rate as of June 1, 2019 Traders are pricing in two full cuts in the fed funds target before the end of 2019. Fed funds futures for January 2020 imply an expected rate of only 1.85%. Let’s hope the Fed gets the message from the market. You may also like “Markets Have…