Goldman Sachs Predicts Imminent Year-End Stock Rally

Goldman Sachs analyst Scott Rubner predicts a year-end rally for the S&P 500, potentially starting this week, as the index has already gained 24% in 2024. Analysts are optimistic about continued growth due to Federal Reserve interest-rate cuts, a strong U.S. economy, and pro-growth policies from the incoming Trump administration. The S&P 500 is expected to reach 6,300 points by year-end, with longer-term targets of 8,000-10,000 points by the decade's end, driven by AI productivity gains and favorable economic conditions.