>Goldman Sachs predicts double-digit gains in stocks
>The discovery of a potential vaccine for coronavirus means stock markets will power higher in the coming years, Goldman Sachs has predicted.
>In a note to clients on Wednesday, the US investment bank said it expects the benchmark S&P 500 index of US stocks to climb by 11 per cent to 4100 by the middle of next year, and to 4300 by the end of 2021, in light of the news that Pfizer and BioNTech have discovered what appears to be a highly effective vaccine.
>"A vaccine is a more important development for the economy and markets than the prospective policies of a Biden presidency," strategists at the bank said. The emergence of the potential vaccine "is a positive event that will allow society to gradually normalize during 2021", it added.
>The bank has also bumped up its S&P 500 target for the end of this year to 3700, from 3600 previously. The index now stands at 3545.
Ahh yes lets lose out on $60 per share via hedge if it occurs. Kek user some of you perma bulls really crack me up. There is a reason they hedged. They wouldn't stock up on that much if they didnt believe there was a potential threat to the price.
Nicholas Moore
checked and greedypilled Yolo some SPY 425c 4/16, gonna be great with 4 more years of Trump
Jaxson Lewis
I'm selling my GME tomorrow. I really can't take this shit anymore.
Nolan Perez
Wait a second what happened the last time they said stocks should go up/down. Didnt it do the opposite?
Aaron Powell
Where’s that user that kept posting “just like that PLTR won’t ever be above $15”
Liam Hall
>I fucking sold half my baba I'll kill myself
Easton Perry
Jack ma is fuck, Commies man.
Nathan Barnes
Always do the opposite of what these guys say
Jackson Roberts
why the fuck you still holding GME when it's forming a bear flag hahahaha count yourself lucky it hasn't fucking dumped yet and sell now
What do you think of my portfolio? I feel like I need more industrials and utilities in this climate. Is there anything anons think I should reduce or expand on here?
Its console release week, Gamestop is the only retailer besides Wal-Mart that isn't fucking up on delivering consoles so far, from what I've heard the Xbox Series X is sold out at most gamestops if not all. PS5 will be even bigger.
Ryan Moore
they literally did 56 billion dollars of sales just today