S&P 500 Overvalued By Nearly Any Metric: GoldmanMark Melin
Equity markets are overvalued by any measure and profit growth will need to catch up with stock price appreciation, says Goldman Sachs Chief Equity Strategies David Kostin. In comments sure to rile market bulls, the Goldman Sachs US Weekly Kickstart Portfolio Strategy Research called the S&P 500 (INDEXSP:.INX) “slightly overvalued.”
S&P 500 valuation . . .
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