Goldman Sachs Predicts 2011

Goldman Sachs 2011 forecastsThe economy seems to be on a recovery roll, at least for corporate profits. The problem of joblessness still needs to be tackled in 2011 and it remains to be seen how things will fare in this quarter.

In any case, the concluded Obama tax compromise has sent all investment houses into making new upwards economic forecasts because households will have more to spend. Here are the Goldman Sachs latest predictions for U.S. economic figures: GDP growth, corporate profits, inflation rates, interest rates and stock market performance in 2011:

** 2011 GDP up 3.4%

** 2011 Global GDP up 4.7%

** Year-end S&P 500 price target at 1,450 (a gain of about 15% to perhaps 20%)

** 2011 S&P 500 Operating profits of $94 a share

** 2011 Inflation of 0.5%

** 2011 Closing yield on the U.S.10-year Treasury note at 3.75%.


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