Goldman's complete outlook for markets and the economy in one big slide (GS)

Even though the S&P 500 was up 3.6% last week, things aren't looking good for stocks this year. The S&P return on equity dropped 0.35% to 15.5% in Q1, marking the third straight quarter of decline. And in a weekly note to clients, Goldman Sachs' chief equity strategist David Kostin had some more not-so-good news, pointing out that following the first week of major quarterly earnings reporting, Wall Street is expecting S&P 500 earnings to decline by 3% year over year. But despite this, stocks...