Big gains in the S&P 500 are over!

NEWS ALERT!

According to Goldman Sachs Group Limited , Inc. the days of big gains in the S&P 500 are over!

The Goldman strategists predict that US stocks?are unlikely to sustain their above-average performance of the past decade as investors turn to other assets including bonds for better returns.? These strategists expect the S&P 500 to post annual returns of just over 3% over the next decade compared with 13% the last decade.

Goldman stated that the big bounce in the S&P 500 has been in the technology stocks.? Now they expect the returns to broaden out to be outperformed in the next decade.

At best, these Goldman strategists say if there is some concentrated rally in the S&P 500, the best returns would be about 7%.

According to LendingTree , some of the best bank CD rates in 2024 have exceeded 5%.? Will that continue?? If so, I would rather put my money in FDIC insured investments than risky stocks at this time, with the economy, political environment and the world unrest.

What do you think?

Read more about this news in a recent 彭博资讯 article: https://www.bloomberg.com/news/articles/2024-10-21/s-p-500-s-decade-of-big-gains-is-over-goldman-strategists-say?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTcyOTYwODE3NywiZXhwIjoxNzMwMjEyOTc3LCJhcnRpY2xlSWQiOiJTTFAwVE5UMVVNMFcwMCIsImJjb25uZWN0SWQiOiI0NUFGNzhEOUJBRkU0MUZDQUVFRjFFOTc5RTMzQjI3MyJ9.jy4EIU5tcoVZbw6NNWjKO6fUoGBAwwoyIE-jTMCVibM

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