Goldman Forecasts Double Digit Increase In S&P 500 In 2015

Goldman Sachs sees slightly higher interest rates in 2015 and a higher stock market, but there is potential for a different, more optimistic outcome, a new report from the investment bank says. Goldman pegs a 2100 price target on the S&P 500 Goldman’s existing economic modeling pegs a 2100 price target on the S&P 500 in 2015 which assumes a 3 percent yield on Ten Year U.S. Treasury Notes. The Ten Year Note is currently yielding 2.3 percent. While Goldman sees interest rates at a higher level in 2015, if their 3 percent target on the Ten Year Note does not…