Wednesday, January 24, 2018

S&P Tops Goldman"s Year-End Target (After 15 Trading Days)

We"re gonna need a bigger chart...



http://www.thefringenews.com/wp-content/uploads/2018/01/www.zerohedge.com20180124_gs1-95e6c1f140497fe409920a6776a19f3a881d27a4.jpg



On this 16th day of trading in 2018, the S&P 500 has topped Goldman Sachs" estimate for where the index ends the year.



As a reminder, the S&P has never been more overbought...



http://www.thefringenews.com/wp-content/uploads/2018/01/www.zerohedge.com20180121_WTF2_0-15ddfb11c8c7d3623ed87823f6a246b92c7b8766.jpg



And the 2Y Treasury is now yield almost 30bps more than the S&P 500 Divi...



http://www.thefringenews.com/wp-content/uploads/2018/01/www.zerohedge.com20180122_EOD12_0-554daea78eac7b0bb0bda406436bf051e7d2dad7.jpg



Probably nothing...

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