S&P 500 Index to end 2022 down at 4,700 – Goldman Sachs
An analyst at Goldman Sachs offers his take on the S&P 500 index, predicting the US equity index to end this year lower at 4,700.
Key reasons
“I’m starting to worry more about the accumulation of downside risks to growth, which again I admit is more of an instinct than anything more sophisticated.“
“In this regard, I think we should all be keeping a close eye on the funding markets -- and, perhaps more importantly, the corporate credit markets -- for signs that something more significant is manifesting.”
Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
