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Goldman Sachs Sees Slower S&P Returns Over Next 12 Months

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GS Goldman Sachs Group Inc
$1002.56 -2.28%
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  1. 1Peter Oppenheimer, Goldman Sachs' chief global equity strategist, expects stock returns to slow over the next 12 months.
  2. 2He forecasts mid-to-high single-digit returns in most regions, lower than the past 12 months.
  3. 3While U.S. S&P 500 earnings grew about 33% year over year in the first half, he said the same pace is unlikely to continue.

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