U.S. profitability nonetheless tops world markets, however ROE surge could also be peaking: Goldman Sachs

Amid a flurry of blended earnings outcomes from tech giants, the S&P 500 (SP500) climbed 3% final week, bringing the index inside 4% of Goldman Sachs’ 12-month goal of 5,900. The rally displays continued investor optimism, however the outlook for additional good points pushed by profitability