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As much as most of us could effortlessly list a dozen reasons why the next 10 years will be as hard on stock investors as the previous decade, what matters today is that Goldman Sachs (GS) is making a big call to the contrary.
In a research note out this morning, "The Long Good Buy," Goldman's chief global equity strategist, Peter Oppenheimer, unveils a whopper: "The prospects for future returns in equities relative to bonds are as good as they've been in a generation."
In one fell swoop, Oppenheimer has not only called out the analysts that we just highlighted for being 6-months late in supporting the current rally, but raised the ante by calling for more of the same, for the foreseeable future. Specifically, "a steady upward trajectory over the next few years."