Monday, August 17, 2015

4 reasons stocks will move sideways until the end of 2015

4 reasons stocks will move sideways until the end of 2015



This is a great article about how Goldman Sachs believes we are in a sideways market, and it will remain that way for the next 5 to 12 months with not much improvement even going out to 2017.  The most dependable money will be made in good dividend stocks.   My favorite pick for dividends is PFF which pays around 6% annually in monthly installments.



However, a sideways market does not mean a down market.  Goldman Sachs does not see any economic trouble for the U.S. and the stock expansion could go on for several more years although at a slower pace.  I agree with them since interest rates are still low, and we are not anywhere close to a recession.


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