Goldman Sachs' Chief Global Equity Strategist Peter Oppenheimer warned investors to expect equity returns in the mid-to-high single digits over the next 12 months, lower than the past year.
Peter Oppenheimer, Goldman Sachs' chief global equity strategist, stated that given the significant returns of the S&P 500 over the past year and year-to-date, he anticipates equity returns in the mid-to-high single digits percentage over the next 12 months, which would be lower than the past 12 months. He noted an intensified global government bond sell-off, with the US 10-year government bond yield recently hitting a new high since 2023, the 30-year yield approaching a two-decade high, and bond yields climbing globally. Furthermore, crude oil prices have once again surpassed $90/barrel, driven by geopolitical tensions, and surging energy costs are propagating into broader economic sectors, pushing up input prices for transportation, agriculture, and manufacturing. Analysts believe that higher oil prices are driving up yields, and these higher yields are now exerting pressure on equity markets.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Blockchain Digital Currencies: Core Principles, Market Evolution, and Global Regulatory Overview
-
2
US spot Bitcoin ETFs see $527M net inflows on Oct 19, led by BlackRock's IBIT
-
3
Fitch flags US sovereign rating downgrade risk as FY2026 deficit hits $1.99 trillion, net interest expense breaks record at $1.05 trillion.
-
4
BMO Capital Markets Appoints Rahim Bapoo to Lead Global Critical Minerals Strategy and Expand Florida Presence
-
5
Saudi Arabia has postponed its major investor conference, originally scheduled for October 26, to 2027 due to escalating Houthi attacks.
-
6
Nscale, backed by NVIDIA, is reportedly in talks with Anthropic for a $45 billion cloud computing deal.
-
7
Advantage Partners is preparing to launch Japan's first large-scale forestry fund as early as this spring, aiming to consolidate forest resources and generate returns through timber, biomass, and carbon credits.
-
8
Economists expect bond yields to remain elevated for an extended period, alongside stronger economic growth and eventual inflation relief, according to a Wall Street Journal survey.
-
9
JPMorgan Chase: KOSPI fell over 15% last week, with weakening corporate buyback support; tactically cautious but bullish medium-term.
-
10
Trump Administration to remove Chinese AI Deepseek from civilian government agency IT systems, barring purchase of Deepseek related products by government agencies.
Markets Today
Recommended Reading



