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"At [5,431], the S&P 500 is now above every 2024 year-end price target from Wall Street strategists. And there’s still six and half months to go." @charliebilello https://t.co/XqA4nAR9Yx
#Goldman: S&P 500 path and valuation matrix: S&P 500 baseline forecast and four alternative scenarios “Catch up,” the S&P 500 would end the year at 5900 (+9% from today) • “Catch-down,” the S&P 500 would fall to 4700 (-13%)
Goldman Sachs Boosts S&P 500 Target on Upbeat Profit Outlook https://t.co/tu4NhNKAUn https://t.co/Y7ZteUpyTR
The S&P 500 has shown a strong performance in 2024, up 13.9% in the first 114 trading days, marking the best start to a presidential election year. Goldman Sachs has provided various scenarios for the S&P 500, with a baseline forecast suggesting a potential increase to 5900 (+9%) or a decrease to 4700 (-13%). Wall Street strategists have been outpaced by the current S&P 500 level of 5431, with six and a half months remaining in the year.