Goldman Sachs projects the S&P500 at 2900 low… “a simple benchmarking”

Goldman Sachs on aggressive FOMC and likely impact on SnP index.

Gs says if the Federal Open Market Committee (FOMC) “needs to see the unemployment rate go down to 5-6% to be sure inflation will come down”

then their analyst can apply “simple benchmarking” to put

  • “the S&P 500 in the 2900-3375 range”

and on prices:

  • “5-year yields in the 4.5-5.4% zone.”


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