Bullishness boosts confidence! Goldman expects S&P 500 to 6,000 by year-end: but a rebound after short-term volatility
Sunday, Sep 22, 2024 11:40 pm ET
1min read Scott Rubner, managing director of Goldman's global markets division, said US stocks should rebound by the end of the year but only after a period of negative short-term factors including technical positioning, fund flows and pre-election jitters. “Tactically, I am bearish into the end of the quarter, but the target is for the S&P 500 to rebound by year-end,” Mr Rubner said in a client note on Friday.
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