thinks markets are underpricing the prospect that at least one coronavirus vaccine will be developed and ready for use by the end of 2020.
"We agree that there is now a good chance that at least one vaccine will be FDA-approved by the end of November and broadly distributed by the middle of 2021," they added.
"We now see our baseline as consistent with the S&P 500 at around 3,390, the upside case with the S&P 500 at around 3,700, and the downside case with the S&P 500 at a little below 2,200," Goldman Sachs said.
The Devil's bank were moaning last month that investors were still pumping into equity. Now they're saying they aren't pumping enough in. Which is it?
Sounds like we got some classic experts who really have no idea what will happen. Buy some ETFs for the long term and go enjoy your life instead of listening to “the experts”
at 3300 the market is underestimating the chances of a vaccine? lol
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