Goldman lifts S&P targets.

Goldman Sachs lifted its forecasts for the S&P 500 (SPY) Monday, as it expect the index to gain 5% by year-end to 1,750, 9% to 1,900 in 2014, and 10% to 2,100 in 2015. The rationale: expectations of above-trend real GDP growth beginning next year coupled with P/E multiple expansion to 16x. Furthermore, dividends should rise ~30% over the next two years, bolstering the bank's claim that dividend-paying equities are one of the only places investors can look to for income-generation.