The stock market is on bullish condition to be traded near record high levels, and the Federal Reserve is going to rise interest rates for the first time in a decade. So, what some of Wall Street's strategists are expecting for 2016 in this case? Just an opinion of David Kostin, chief U.S. equity strategist, Goldman Sachs who told about this sutation for 2016: 'Flat is the new up'.
Kostin told about 3 major ideas stock investors should consider:
- Focus on financially strong stocks.
- Pinpoint stocks with high U.S. sales.
- Go for growth.
David Kostin is having an optimistic opinion related to the stock price movement in 2016 especially for cash-rich US companies but it does not mean that investors will not have episodic sell-offs on the same time when it was in August/September this year with S&P 500 for example.
