Earlier we noted that Shiller's CAPE (cyclically adjusted P/E ratio) is the second-highest its ever been behind only the tech bubble of 1999. And now Goldman is telling its clients that there are other signals that the market may be over-valued, e.g., the growth of SPAC's, and the big increase in prices of stocks with negative earnings, indicating an expectation of future growth.
Nevertheless, Goldman seems to think those expectations are right:
"we expect modestly higher rates will be offset by a declining equity risk premium, leaving the S&P 500 P/E effectively unchanged and allowing strong EPS growth to drive the market towards our year-end target of 4300."
CAVEAT: If I really knew, I wouldn't be teaching school.
HOW I WAS CURED FROM HERPES TOTALLY
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I got diagnose of herpes virus last year, and i was taking some drugs prescribed for me by my family doc the drugs could not work and the herpes in my system was very terrifying that i was so depressed the good news is that i never gave up in searching for natural cure for herpes virus ,cause i believe so much in herbal medication.. One faithful morning i read a comment from a lady called Destiny Hudson on how she was cured with natural herbs made by DR.OYAGU from somewhere is West Africa, i immediately copied out his contact email via oyaguherbalhome@gmail.com and explain all my herpes problem to him via his email. the big truth is that it took just two week for his herbal medication to cure me completely without side affect. Till date am herpes virus free and all thanks to Dr OYAGU for his good deeds for me, Once again am very happy to share this great testimony of DR OYAGU cure hurry up now and contact him via his email address (oyaguherbalhome@gmail.com Call & WhatsApp him on (+2348101755322 ) and see what he can do
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