Major U.S. equities indexes were mixed to start the new trading week as earnings season intensifies.
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The S&P 500 may be lower today, but Nigel Green, CEO of deVere Group, predicts that the S&P 500 will likely reach 6,000 by the end of the year. Green, who heads one of the world's largest independent financial advisory firms, believes the index's rise is not only possible but likely.
The S&P 500 is on a record run this year, posting its strongest year-to-date performance since 1997. But, as analysts at Goldman Sachs argued in a note on Monday, all good things must come to an end.
S&P 500 has offered healthy returns over the past ten years but the investment landscape will be dramatically different through 2034, warns David Kostin of Goldman Sachs. The bank's chief of US equity strategy does not expect the broad market index to return more than 3.0% annually over the next decade.
Goldman Sachs strategists are forecasting that the S&P 500's (^GSPC) annual nominal returns for equities will begin to slow down to 3% over the coming decade. Catalysts hosts Seana Smith and Madison Mills highlight Goldman's outlook and the factors going into the call, including equities' contrasts with the bond market (^TYX, ^TNX, ^FVX).
Goldman's tepid prediction comes during a particularly bullish market, with the S&P 500 amassing a 27% annual total return the last two years.
The latest employment report showed 254,000 jobs were added in September. That's well above forecasts of the expected addition of 147,000 new jobs.
The S&P 500 just recorded its best year-to-date performance at September's end since 1997.
The IVV ETF and the S&P 500 index can always go up in price, but what differs at any time is how much risk is inherent in doing so. As of this writing, that risk level is abnormally high, for several different reasons cited in the article.
U.S. Democratic presidential candidate Harris has proposed hiking the corporate tax rate from 21% to 28% if she wins the November election.
FLRG has an index-based strategy centered on the value, quality, low volatility, and momentum factors. It has outperformed IVV as well as most of its peers over the October 2020-August 2024 period. The current version of its portfolio has stronger quality and value characteristics than that of IVV.