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Goldman Sachs details its 1575 price target on the S&P 500 in 2013: Expecting better growth...

Goldman Sachs details its 1575 price target on the S&P 500 in 2013: Expecting better growth than most, the firm likes cyclical over defensive sectors, and tech over staples, telecom, and health care. A "grand bargain" in D.C. along the lines of Simpson-Bowles "would spark a PE multiple expansion and a higher target."
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Comments (3)
  • Ray - Kitchener
    , contributor
    Comments (74) | Send Message
     
    Is this the latest Goldman pump and dump? Were they not the same group who pumped and bet against the sub prime mortgage debacle? Just not worth it.
    29 Nov 2012, 09:14 AM Reply Like
  • Rousseau SC
    , contributor
    Comments (278) | Send Message
     
    If the "grand bargain" doesn't include cuts in payroll and benefits for govt employees, we will find out if we have citizens or subjects. The middle class working in the private sector gets no pension plans, with very few exceptions. Get very few benefits and very few holidays and get paid less for comparable work under more demanding conditions (with the exception of local law enforcement officers who are vastly underpaid and undervalued).
    29 Nov 2012, 03:16 PM Reply Like
  • Laurent1962
    , contributor
    Comments (96) | Send Message
     
    Why would GS give such a Freebie ;-) ?
    2 Dec 2012, 01:55 AM Reply Like
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