MoneyGoldman Sachs: stocks will perform better than bonds in...

Goldman Sachs: stocks will perform better than bonds in the coming year

The stock market is overbought, but it still looks much more attractive than bonds, writes Goldman Sachs.

In the next 12 months, the stock market will show better dynamics than the bond market, predicts the American investment bank Goldman Sachs. Global stocks have recouped on average 99% of losses incurred after the coronavirus-triggered stock market crash, and the S&P 500 has reached new all-time highs.

The stock market is now more overbought than it has ever been since the dot-com bubble in the late 1990s, but a number of indicators indicate that stocks are rarely as attractive as bonds, Goldman Sachs wrote. In their assessments, they point, in particular, to the forward P / E multiple (share price / earnings per share – approx. ProFinance.ru), as well as the fact that the risk premium included in the share price is close to record values.

In 12 months, the European stock market may continue to show outperformance relative to bonds, but the US stock market is likely to lag behind, the bank predicts.

In late July, Goldman Sachs wrote that stocks and bonds will generate below average returns over the medium term.

Matthew Leisinghttps://www.newsalarms.com/
I cover market structure for News Alarms, specifically how the bond, derivatives, and cryptocurrency markets work or don't.

Latest news

iWebb Inc To Acquire Tingo Mobile Plc.

BANGKOK, THAILAND 31 July 2021, ZEXPRWIRE, iWebb Inc, OTC Markets QB, IWBB, announced it will acquire Tingo Mobile Plc. from...

iWebb Inc To Acquire Tingo Mobile Plc.

BANGKOK, THAILAND 31 July 2021, ZEXPRWIRE, iWebb Inc, OTC Markets QB, IWBB, announced it will acquire Tingo Mobile Plc. from...

K-Syran is pleased to announce the release of her latest single D.R.A.M.A

London, UK, 31 July 2021, ZEXPRWIRE, Singer-songwriter, actress, director, producer, and human rights activist K-Syran is pleased to announce...

K-Syran is pleased to announce the release of her latest single D.R.A.M.A

London, UK, 31 July 2021, ZEXPRWIRE, Singer-songwriter, actress, director, producer, and human rights activist K-Syran is pleased to announce...

GULAGToken: The Cryptocurrency to Change the Crowdfunding Space

Philadelphia, USA, 31 July 2021, ZEXPRWIRE, GULAGToken is a community-based DeFi project which was fair launched in July 2021...

GULAGToken: The Cryptocurrency to Change the Crowdfunding Space

Philadelphia, USA, 31 July 2021, ZEXPRWIRE, GULAGToken is a community-based DeFi project which was fair launched in July 2021...

Must read

How you can use cryptocurrency for your benefit in 2021

Using cryptocurrencies A cryptocurrency or online currency is digital money....

Xiaomi and Mercedes-AMG Petronas present limited Formula 1 e-scooters

So far, e-scooters have not really impressed with their...

You might also like
Recommended to you