Goldman Sachs Predicts Tough Road Ahead For Stocks, But No Repeat Of 1920s Or 1987 - Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG)
Goldman Sachs strategists have issued a warning about the challenging path ahead for the U.S. stock market. However, they believe that the current market situation will not mirror the crashes of the 1920s or 1987.High Valuations Raise Bubble FearsLed by Ben Snider, Goldman Sachs strategists outlined several concerning factors, including high valuations, extreme market concentration, and recent strong returns. These characteristics are reminiscent of previous overextended markets, such as the 1920s, the ‘Nif ...