GDP Normally Increases 2% to 3% and Stocks Normally Go Up
Being in the Wall Street forecasting business often seems like a brutal job in many respects.
apologies to Sam Ro here
Goldman Sachs. Chief Economist Jan Hatzius and US Equity Strategist David Kostin
Kostin sees the S&P 500 closing out 2025 at 6,500, which would represent about a 7.5% increase from where the index stands right here.
This year, calendar 2024, the largest companies, the Magnificent Seven as they're called, those companies had 33% expected earnings growth around 33%.
And that compares [to] around 3% for the 493 remaining companies in the S&P 500.
Bloomberg 2 December 2024
Tillbaka till Rolfs länktips 3 december 2024
https://englundmacro.blogspot.com/2024/12/rolfs-lanktips-3-december-2024.html
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