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Goldman's end-of-2013 S&P 500 price target of 1,575 is a 9% gain from here, but the team...

Goldman's end-of-2013 S&P 500 price target of 1,575 is a 9% gain from here, but the team envisions a bumpy ride, says John Melloy, with the index falling to 1,250 (a 14% decline) by the end of this year.
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Comments (3)
  • Trader 611
    , contributor
    Comments (61) | Send Message
     
    Conjecture and nothing more.
    5 Oct 2012, 11:22 AM Reply Like
  • Roman Chuyan, CFA
    , contributor
    Comments (173) | Send Message
     
    Given that the long-term average annual return for the S&P 500 is about 8%, with a typically "bumpy ride", this doesn't really tell us anything or add any value to an investor's short-term asset allocation decision process. With our PAR Model, we provide a 6-month expected return forecast for SPY that is grounded in fundamental research over the past decade and has proven to be extremely accurate this past year. When GS was still negative on the outlook for the US equity markets at mid-year, the PAR Model turned positive - correctly predicting the recent rise. It continues to point to a healthy return over the next six months - you can read all the details and find link to a free trial here: http://bit.ly/UnZnAk
    5 Oct 2012, 01:35 PM Reply Like
  • jsteen
    , contributor
    Comments (3) | Send Message
     
    Doesn't matter how good your product is if you can not execute.
    5 Oct 2012, 02:45 PM Reply Like
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