The Traderszone Network

Published in TZ Latest News 3 December, 2016 by The TZ Newswire Staff

Goldman’s Bear Case In 7 Steps: "We Are In The 98th Percentile Of Historical Valuations"

Having been on the fence about an upside case for the S&P for the greater part of 2016, Goldman’s chief equity strategist David Kostin finally threw in the towel earlier this week when, as we reported, Goldman raised its S&P price target from 2,100 (as of year end 2016) to 2,400 for mid-year 2017 on what it calls “Trump Hope” (as apparently does everyone else, see “The World Has Changed” – Average S&P Target Before Trump: 2,087; After Trump: 2,425“), which it then sees dipp

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