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Goldman Sachs: Buy these stocks because S&P 500 returns could halve as U.S. economy peaks – MarketWatch

Strategists at the investment bank say that as economic growth peaks, investors should expect lower equity returns and higher volatility

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Stocks got back on the horse on Wednesday, with both the Dow and S&P 500 indexes finishing at their second-highest levels ever, as investors continue to smile on strong economic growth prospects.Strategists at Goldman Sachs are bullish on the U.S. economy, expecting sequential annualized U.S. gross domestic product growth to clock in at 10.5% in the second quarter of 2021. That would be the strongest quarterly growth rate since 1978 (outside of the surge in mid-late 2020, when the economy rebounded…

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