Goldman's Desk Crunches Numbers: What's Next Isn't Encouraging

Source: zerohedge.com

Goldman Sachs' trading desk crunched the numbers on stock valuations and issued a stark warning. They're saying the S&P 500 is priced at levels that scream bubble, based on earnings multiples and historical comparisons. Involved are Goldman's quants and strategists like Peter Oppenheimer. It matters because it signals potential pain for investors holding overpriced equities right now.