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Can tech continue to power equities to new highs?

Goldman Sachs The Markets

CHAPTER

Analysis of S&P Price Targets and Macro Outlook

The chapter explores the surge in S&P price targets for 2024, influenced by shifting views on Federal Reserve rates. Emphasizing the significance of earnings growth over valuation, the projection includes margin expansion and increased earnings fueling market momentum amidst a strong macroeconomic outlook.

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