SPY ETF Returns 28% Over Past Year Amid Geopolitical Shocks
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowThe SPDR S&P 500 ETF Trust (SPY) returned approximately 28% over the past year and 71% over five years, illustrating the importance of staying invested during geopolitical turmoil. Goldman Sachs estimates S&P 500 earnings for this year to be around $310, compared to roughly $270 last year. Investors who panic-sold may have missed out on significant compounding gains during these volatile periods. A solid retirement plan should include cash reserves covering 1-3 years of spending and diversification to handle potential drawdowns.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About The Goldman Sachs Group (GS)
Goldman Sachs is a leading global investment bank specializing in advisory, trading, and asset and wealth management.
The Financials sector covers banks, insurers and capital-markets firms at the center of the economy.
Earlier GS news
- Goldman Sachs raises AMG price target to $405 on earnings strength
- Goldman Sachs Raises WisdomTree (WETF) Price Target to $16.80
- Goldman Sachs Raises CBOE (CBOE) Price Target Amid Cost Cuts
- CD Rates Update: Lock in Up to 4.05% APY Today
- Brent Crude Soars Over $123 Amid U.S. Military Briefing on Iran
Get the weekly market brief
One email every Monday: what moved, why, and what to watch. Free, unsubscribe anytime.
Get stories like this as they break
Our Telegram channel posts every market story the moment it is published. Free, and you can mute or leave anytime.
