This year has been specifically unhealthy for a lot of in the predictions business, but that isn’t stopping market forecasters from doing their thing.
A crew of Goldman Sachs analysts led by means of Charles Himmelberg has provided 2017 objectives for a range of asset classes.
Their forecasts for the S&P 500 SPX, +zero.39% , main currencies, the 10-year Treasury yield, oil costs, gold prices and more are shown within the chart under.
Don’t dream giant, for those who assume Goldman’s objectives have advantage. The analysts largely don’t see big beneficial properties.
“Valuation levels for equities and especially bonds remain highly accelerated by historical requirements, so expected returns look like low across most asset courses,” they wrote of their “top Ten Market subject matters For 2017” be aware, dated Nov. 17.
Go here for a bigger view of the chart.
The predictions for 2017 come after some Goldman calls for this yr speedy didn’t end up smartly.
any other highlight from the Goldman word is the view that fears a few exchange struggle are almost certainly overdone, as covered in our need to recognize column.
This story was first printed on Nov. 18, 2016.