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2014 market forecast and gold prediction based on algorithms

Posted on 02 December 2013

The S&P 500’s (SPY) tremendous gains in 2013 have left many investors uneasy about sustained future growth. Goldman Sachs (GS) recently released their market forecast for 2014. The firm’s Chief US equity strategist, David Kostin stated the S&P 500 would continue its record-setting rally into 2014, reaching 1900 by the end of next year.
As bullish as this seems, this is only a 6% gain from where the market is now versus the index’s 26.38% return YTD. Kostin expects the market to reach 2,100 in two years, a gain of 17% and 23% to 2,200 by the end of 2016………………………………..Full Article: Source


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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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