When investment nerds die and go to heaven, they wake up in the research department of Goldman Sachs, the legendary Wall Street investment house widely known for their "aggressiveness." The latest research indicates the following:
1. Our GDP will grow at a 3.2% rate this year, compared to 1.1% in Europe.
2. The dollar will continue to rise, with the Euro dropping 4.3% this year to 1.08
3. Inflation will continue to fall, largely because of oil.
4. Interest rates will rise, with benchmark 10-yr Treasury rising from 1.7% to 3% in 12 months.
5. Gold will drop 8% to only $1,175 per ounce.
6. Oil will rise to $70 per barrel within 12 months.
7. The S&P 500 will rise modestly to 2,100 within next 12 months.
8. For income investors, they like MLPs, REITs, Bank Loans, High Yield bonds, and emerging market debt.
With respect to the title above, don't forget that Mark Taibbi of Rolling Stone magazine once described this firm as a "great vampire squid wrapped around the face of humanity." While I'm not trying to disagree, I still recommend their research.
1. Our GDP will grow at a 3.2% rate this year, compared to 1.1% in Europe.
2. The dollar will continue to rise, with the Euro dropping 4.3% this year to 1.08
3. Inflation will continue to fall, largely because of oil.
4. Interest rates will rise, with benchmark 10-yr Treasury rising from 1.7% to 3% in 12 months.
5. Gold will drop 8% to only $1,175 per ounce.
6. Oil will rise to $70 per barrel within 12 months.
7. The S&P 500 will rise modestly to 2,100 within next 12 months.
8. For income investors, they like MLPs, REITs, Bank Loans, High Yield bonds, and emerging market debt.
With respect to the title above, don't forget that Mark Taibbi of Rolling Stone magazine once described this firm as a "great vampire squid wrapped around the face of humanity." While I'm not trying to disagree, I still recommend their research.
