Don’t waste your time – keep track of how NFP affects the US dollar!

Data Collection Notice

We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.

facebook logo with graphic

Join Us on Facebook

Stay on top of company updates, trading news, and so much more!

Thanks, I already follow your page!
forex book graphic

Beginner Forex Book

Your ultimate guide through the world of trading.

Get Forex Book

Check Your Inbox!

In our email, you will find the Forex 101 book. Just tap the button to get it!

FBS Mobile Personal Area

market's logo FREE - On the App Store

Get

Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

72.12% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

Goldman Sachs: S&P 500 at 4 300 in 2021

Goldman Sachs: S&P 500 at 4 300 in 2021

Information is not investment advice

S&P 500 is widely considered as the best measure of the US stock market and an indicator of the overall US economic health. Therefore, you can look at the performance of the S&P 500 and get a good overview of what was going on during the chosen period.

Looking back at 2020

S&P 500 dropped enormously at the beginning of 2020 amid the market crash after the Covid-19 outbreak. The stock index experienced an unprecedented swing down from 3 400 to 2 200. Since then, S&P has regained its losses and even outrun as the market shock passed and businesses started to adapt to the new conditions.

Light at the end of the tunnel

The year-end is getting closer, but most economies still haven’t been able to return to pre-crisis levels. Analysts predict that some countries will fully recover only by the end of 2021, while others only by 2022. Luckily, widespread vaccinations have already started, and that will help to take the Covid-19 spread under control. It added optimism to the market, and S&P 500 surged on hopes for further economic growth and prosperity. In fact, stocks always fall before a recession and rise ahead of recovery.

Forecast

According to Goldman Sachs, the stock rally will continue in 2021 as the global economy will regain pre-pandemic levels after the vaccine rollout. The price target for 2021 is 4 300 and for 2022 – 4 600! Goldman Sachs explains such a huge increase by a surge in corporate profits next year in the technology, materials, and consumer-discretionary sectors.

Note that to trade S&P 500 with FBS, you need S&P 500-21H, which will expire on March 19. 

S&P500Monthly.png

LOG IN

Similar

Popular

How Will BoJ Meeting Affect the Yen

Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus

Choose your payment system

Feel the Team Spirit

Callback

Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later