Richard Coppleson at Goldman writes that stocks can be a lot higher over the next few years and we shouldn't limit our imagination just because The market has...

Tom McKay
Tom McKay Livewire

Richard Coppleson at Goldman writes that stocks can be a lot higher over the next few years and we shouldn't limit our imagination just because The market has already gone a long way. This is not a statement about the next two weeks or the next 50 points on the S&P 500, but instinct for the medium-term. He notes that if the recovery is actually underway in the US and Europe is over the worst then we are going to see a massive switch out of bonds and some of this cash has to go into equities.

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