S&P Tops 1,900 - Hits Goldman's Year-End Target 8 Months Early

Tyler Durden's picture

From January 3rd...

Mission Accomplished (8 months early)


The level was inevitable we assume - given it's a Tuesday but bonds and JPY are not supoortive at all...


Bear in mind this 1,900 target was originally for 2015... (and published in April 2013...)

The obligatory pretty charts and tables:

There is, of course, a caveat. Namely, "we may be wrong about everything if things don't quite turn out as the central bankers want them to"

A disappointing economic recovery would be the main risk to our forecasts. Our forecasts are based on our economists’ forecasts of global growth accelerating from 3.0% in 2012 to 3.3% in 2013 and further to an above 4% pace from 2014 through 2016. Our alternative scenarios suggest that widely held concerns about margins and valuations not being truly cheap can be addressed without destroying the case for equities. However we judge markets to be roughly fairly priced for the current economic environment and therefore returns are unlikely to materialize on a sustained basis unless the economic recovery continues. Our discussion of risks focuses on the downside as the returns in our central scenario are already very attractive. However, there are clearly also upside risks, with a stronger economic recovery than we forecast being the most obvious.

Well, it seems extremely disappointing macro data was not a problem at all.

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Aknownymouse's picture

Wow. Your article was out within the second it happened. Did you pen that last night?

Divided States of America's picture

Good...so the beginning of the end will also start eight months earlier.

clooney_art's picture

Economy is doing great !!!

Full delusional circle jerk complete.

I won't be surprised if I see DOW 36000 by the end of this year. It's all fake anyway. Capitalism is dead.

Headbanger's picture

Oh yeah this makes total fucking retarded sense now with Q1 GDP gone negative and Goldman just cutting Q2 GDP by a lot.

Well it makes sense given we have a retard in the White House put there by retards.

It's like being in a retard zombies movie!

They're everywhere!  They're everywhere!!

sodbuster's picture

Fraud Street is rigged. It makes wrestling look legit.

Flux's picture

Woo hoo!

And yet another great day in the market.

You have no one to blame but yourselves for missing out.

And ZH, of course.


The_Ungrateful_Yid's picture

the end wont happen like that, its going to come from another source imo.

SoilMyselfRotten's picture

Edit: Goldman: We forecast the S&P 500 will end 2014 at 1900(+/- 30%)


TheRideNeverEnds's picture

In fairness 1900 was a lock because the chance of a market decline is zero and 1900 comes before 2000 which is where the S&P is headed by the end of the year if you follow the current fundamental trend.  (FED balance sheet)

yogibear's picture

The Federal Reserve members have higher targets. They'll just  printing and rallying the market.

Groundhog Day's picture

ive been waiting a long time. Finally i can wear my 1900 hat and pop the bubbly

JenkinsLane's picture

My "1900" hat is a baseball cap with beer can holders on each side and a straw leading

down to my mouth.

Divided States of America's picture

My S&P targets call for a range of 1914 to 1918 where it will consolidate and stabilize a bit before a final surge to the 1933 to 1945 level....then all hell breaks loose.

Remember where and how WW1 and WW2 started....Europe...and is it such a coincidence that Europe is in the middle of a global geopolitical mess again???

The_Ungrateful_Yid's picture

As long as Yellen is driving, there will be no all "Hell breaks loose". She will just print MOAR. It will get reset when the tribe gives the order.

Divided States of America's picture

Cant argue with you about the tribe....they only care about themselves....

As for the S&P targets I made up...they are just numbers that represents when WW1 and WW2 started and ended...

ptoemmes's picture

I missed New Years Eve - AGAIN!

lemarche's picture




Aknownymouse's picture

May I suggest they just put bars all around congress while members and FED are inside and judt rename the place JAIL. should be easier that way. They all belong there.

Winston Churchill's picture

Make it GOAL, and the idiots will think its summer camp.

yogibear's picture

It's all about pension funds and keeping those elevated to make their goals. Everything else is secondary. Plus Wall Street bonuses.

Billy Sol Estes's picture

I literally see the .gov lackies posting on newspaper* sites thanking Obama for improving their 401ks.

Too funny.

Headbanger's picture

Pensions?  That's a joke

I think well see "Freedom Camps" set up for the elderly "final solution"

Dr. Engali's picture

Our currency is dying at a faster pace than the squid expected....well at a faster pace than the squid is telling it's muppets.

Zirpedge's picture

Plenty of time left to crash it 30% and rebuild it with a massive QE injection.

Billy Sol Estes's picture



4 More Years!

4 More Years!

4 More Years!

4 More Years!

4 More Years!

4 More Years!

4 More Years!

4 More Years!

4 More Years!

4 More Years!

4 More Years!

4 More Years!

4 More Years!

4 More Years!

4 More Years!

4 More Years!

4 More Years!

4 More Years!

ShorTed's picture

I'm afraid you're right, just replacing "Ears" with Vagina. What a mess.

MountainsRoam's picture

Guess they better up the S&P target to 2500, while they lower their GDP and retail forcasts at the same time haha what a country!

disabledvet's picture


The_Ungrateful_Yid's picture

Small corrections here and there (1-2% being the new norm) but always new highs closely behind.

Spawn of Cagliostro's picture

2000.00 party over, outta time. 

Kaiser Sousa's picture

my package arrived from Apmex yesterday..

now, whats that ya'll talkin about???

Spungo's picture

Go go crack up boom!

jubber's picture

So now what? what are people to do without Goldman to tell them?  time to Short at will

The worst trader's picture

Thats the best yeller can do? how about 2000?

khakuda's picture

And rates are at zero and QE continues why?

GFORCE's picture

It will END there. You have to get record highs to get the muppets in for a nice profit take first.

_SILENCER's picture

Wall Street should be turned in Brawl Street.

It'd really be something to behold.

Goggles Pisano's picture

I think it will still be a spot on prediction. 2000 by August, 400 in October, back to 1900 in December.

NoIdea's picture

The Russell 2000 was a day early to the party, decided to have its own blowout and is suffering from a hangover today

stopthejunk1's picture

They didn't say it wouldn't exceed 1900 during the course of the year. They said it would end the year at 1900.

By definition, this goal cannot be "met" (or missed) until the last trading day of the year has arrived... you moron.

MFL8240's picture

The worst global economy in the history of the world, geopolitical catastrophes all around and the US has the highest stock market ever. Stunning to think that some think this is real!