Goldman Sachs:
"We expect moderately better economic and earnings growth, and therefore decent risky asset returns." bloomberg.com/graphics/2020-…
Howard Marks:
"If riskier investments necessarily delivered higher returns they wouldn’t be risky.” oaktreecapital.com/docs/default-s…
"We expect moderately better economic and earnings growth, and therefore decent risky asset returns." bloomberg.com/graphics/2020-…
Howard Marks:
"If riskier investments necessarily delivered higher returns they wouldn’t be risky.” oaktreecapital.com/docs/default-s…
Vanguard:
"Upon factoring in lower expectations for global growth, inflation, and interest rates, the annualized return for the U.S. equity market over the next 10 years is in the 3.5%-5.5% range. U.S. growth is forecast to decelerate to around 1% in 2020."
Guessing is fun!
"Upon factoring in lower expectations for global growth, inflation, and interest rates, the annualized return for the U.S. equity market over the next 10 years is in the 3.5%-5.5% range. U.S. growth is forecast to decelerate to around 1% in 2020."
Guessing is fun!
Evercore ISI:
"Our top down approach suggest 6% revenue growth and 8.5% earnings growth supported by a more than 3% reduction in shares outstanding through buybacks. S&P 500 target: 3,400 (+9.5%) with 19x Trailing PE."
Guesses that include math and numbers seem more credible!
"Our top down approach suggest 6% revenue growth and 8.5% earnings growth supported by a more than 3% reduction in shares outstanding through buybacks. S&P 500 target: 3,400 (+9.5%) with 19x Trailing PE."
Guesses that include math and numbers seem more credible!
