Posted by & filed under Economic Analysis, Growth & Valuation, Market Analysis, Personal Finance.

Description: The S&P 500 surged to a new all-time high on Monday, and Goldman Sachs says the bull market will keep on rolling into 2020 on the back of three big buyers: corporations, foreign investors and US households. Companies will spend $470 billion on stocks next year, with foreign investors and US households contributing $50 billion and $30 billion respectively, the firm found.

Source: CNBC.com – video report

Date: Oct 29, 2019

Link: https://www.cnbc.com/2019/10/29/goldman-says-there-are-three-big-stock-buyers-that-will-keep-the-record-rally-going.html

Questions for discussion:

  • What are the forces supporting the bull market run, according to the report?
  • Do you agree with this assessment?

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