Goldman Sach

The strategy “Goldman Sachs Group” adheres to their basic expectations by reaching the “S&P 500” index (S&P 500) by the end of the year level of 5.200 points, but they drew a scenario in which the shares of huge technology companies indicate an increase with another 15%. The bank’s commitment to its current basic expectations comes because the finance interest rate of the Federal Reserve and the economic growth path is fully taken by the markets, according to the strategists led by David Costin in a note. And as expectations for the evaluation were not confirmed, analysts have investigated possible scenarios beyond the basic condition. They said that one of these scenarios is based on the idea of ​​the continued high assessments of giant technology companies, which push the index to 6000 points by the end of the year, so that the rate of pricing reaches the future profits up to 23 times. Strategists have written: “Although optimism about artificial intelligence looks high, growth expectations and long -term judgments are of the largest shares of technology, media and communication still far from the bubble scope.” Strategists’ expectations exceeded the “S&B 500” index by about 10% this year and closed Friday’s trading at the level of 5234.18 points, which already beat the expectations of many strategists for the end of the year. The combination of strong US economic data, expectations that the Federal Reserve will lower interest rates, and optimism about artificial intelligence stocks among the factors that help the high index. The ‘Goldman’ bank indicated that a large part of the market is still dominated by concerns about the ‘high interest rates’ for a longer period and the rise of capital costs, in light of the investors seeking quality. This is one of the areas where change can help high stocks. The streets said: “The shift in interest rate expectations without decline in the economy is needed to expand the scope of the market.” ‘Goldman’ has set up other scenarios for the potential path of the index. They said that in one of these cases ‘al -tasks’ with before -2018 assessments could lead to the end of the 5800 points level this year until the end of the index. As for the other two scenario, it is much more pessimistic, which is the ‘landing’ situation, as the estimates of sales growth are very optimistic, or where investors start taking into account the recession. The streets said that any of these two scenarios could lead to the end of the “S&B 500” index at 4500 points.