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0 0 0.00406983744732089 0.00421432871763998 0.00574352799518374 0.00127633955448532 0.00199879590608064 0.00209512341962674
Stock impact report

Dividend Harvesting Portfolio Week 160: $16,000 Allocated, $1,420.50 In Projected Dividends [Seeking Alpha]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Seeking Alpha
Dividend Harvesting Portfolio reaches record profitability and balance. Goldman Sachs predicts tech stocks could lead S&P 500 to 6,000 by year-end. Well, it certainly was an eventful week as Fed Chair Powell delivered a dovish message to the markets at the FOMC press conference . While Fed Chair Powell left the door open for rates to remain where they are for the foreseeable future or even take them a bit higher, he reconfirmed that the most likely scenario was 3 cuts would occur in the back half of 2024. The Fed's dot plot reaffirmed that the median points were 4.6% in 2024, 3.6% in 2025 and 3.1% in 2026. This market ripped into the close on Wednesday, 3/20/24 and the S&P 500 closed the week up 1.35% while the Nasdaq climbed 1.3%. Goldman Sachs ( GS ) now sees a scenario where tech stocks could lead the S&P 500 to around 6,000 to close the year out, which is well above their target of 5,200. I continue to believe we're in the early innings of a multi-year bull cycle that will be Show less Read more
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