Goldman Sachs painted a bullish picture for long-term equity investors, forecasting solid returns for U.S. stocks over the next decade but pointing to far stronger gains brewing overseas.
In a note sent to clients on Wednesday, the investment bank projected the S&P 500 to reach 9,000 by 2030 and 11,100 by 2035—yet sees the biggest gains unfolding in faster-growing emerging markets.
