As a shift in investor perceptions of various risks could trigger a drawdown, analysts at Goldman Sachs anticipate that the S&P 500 index will end 2016 roughly 3% above its current level at 2100. David J. Kostin and colleagues consider in their May 13 “US Weekly Kickstart” note whether due to the variety of risks, one should revisit the adage “sell in May and go away.” Drawdown during next few months could pull S&P 500 index down Kostin and team note that implied volatility as measured by the VIX averaged 23 during the first two months of the year before retreating below 15…
S&P 500 Rally At Risk As Valuation Hits 99th Percentile: Goldman Sachs
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports