us stock market news: This market veteran says, Goldman Sachs prediction of

One of the biggest finance analysts in the world, Goldman Sachs had previously claimed that the US stock markets could see a very bad time in the coming years, with chances of repeated market crashes. However, Ed Yardeni, a veteran market economist has claimed that Goldman Sachs has got it all wrong and there are chances that US stock market could be seeing a massive boom instead in the coming years.

What will happen to S&P 500?

Goldman Sachs was of the opinion that the annual returns of the premium stock could be around 3% in the coming years, which would be record low as compared to the previous years where US investors have achieved some amazing returns by putting their money on S&P 500.

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However, Yardeni is claiming that S&P 500 has chances of touching up to 11% in annual returns, as productivity growth and strong fundamentals around technology could be key reasons for growth of such a stock like S&P 500. It must also be noted that S&P 500’s growth often influences some of the other stocks that follow it closely in terms of value. Therefore, a S&P 500 boom will most definitely send a strong message across the US stock market, and can create a potential boom.

What could be in store for the US stock markets’ future?

According to Yardeni, the US stock market will continue to see growth and surge if the dividends keep growing at a healthy rate in the coming years. Moreover, if the growth is majorly technology-driven, the surge could go a rather long way for the US stock markets, including major funds like the S&P 500.Also Read : Bridgerton Season 4: Nicola Coughlan & Luke Newton tease Polin storyline

FAQs:

Is the S&P 500 showing a dip?
Since September, S&P 500 has been demonstrating a rather poor run at the US stock markets, which may continue through the year, suggest analysts.

Are there chances of a US stock market boom?
If not now, the future may soon see a major US stock market boom, where some of the premium stocks including the S&P 500 may see massive returns, according to economists.