GOLDMAN: Why Stocks Are Not In A Bubble – Business Insider

REUTERS/Caren FirouzStocks had a fantastic year in 2013, surging 30% even as earnings growth was quite modest.
This discrepancy has more and more people freaked out that the stock market might be in a bubble.Yes, stock market valuations may be getting pricey.But Goldman Sachs’ Sharmin Mossavar-Rahmani and Brett Nelson don’t think stocks are in a bubble.They think bubble-like conditions exist when […]

Goldman says there's no financial bubble in the stock market

(Read more: Goldman: Stay out of emerging markets) The firm likes several relatively pricey sectors. One is U.S. technology stocks, based on strong corporate free cash flows and prospects for corporate earnings growth. The Dow Jones U.S. Technology Index has gained about 141 percent over the past five years. Another is high-yield credit, based on […]