Goldman Sees S&P 500 Falling 10% Next Year Before Rally to 1,900
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The Standard & Poor’s 500 Index will probably fall 10 percent in the next 12 months before rebounding to end the year at 1,900, according to Goldman Sachs Group Inc.
The 1,900 forecast from the New York-based firm implies about a 5 percent advance from today’s level. The 25 months since the S&P 500’s last 10 percent drop is the longest stretch without such a decline since 2007, according to S&P.