S&P 500 ROE Crosses 15 Percent In 3Q: GOLDMAN SACHS

S&P 500 Return on Equity rose by 32 bp in third quarter to reach 15.7%, reaching its highest level in the last year, points out Goldman Sachs in a recent report. Stuart Kaiser and the analyst team at Goldman Sachs in their recent report titled: ‘US thematic views’ point out companies continue to increase leverage to boost ROE. S&P 500 ROE at 15.7% According to the Goldman Sachs analysts, S&P 500 ROE stands at 15.7%, in the 58th percentile historically since 1975. During the third quarter, S&P 500 ROE rose by 32 bp, while the financials sector broke 10% and…