Stretch that to 30 years and the most popular benchmark index in the world has seen a total return of over 1,177 percent despite multiple recessions and market crashes. There is a clear lesson from the chart above: Stocks generally go up, especially when you zoom out.

The S&P 500 is on a record run this year, posting its strongest year-to-date performance since 1997. But all good things must come to an end, Goldman Sachs analysts argued in a note Monday.

Goldman Sachs ( GS) strategists led by David Kostin estimate that the S&P 500 index will deliver an annualized return of 3% over the next decade — well below the 13% returns in the last 10 years and the long-term average of 11%.

Target stock sliced through its 50- and 200-day moving averages today. Both trendlines sit just above $151. The stock also pressured round-numbered support immediately lower at $150.

The Q3 earnings season is now in full swing, and looking at the financial results so far, the news is pretty good. David Kostin, chief US

Worsening earnings sentiment, an accelerating pace of earnings cuts and a weak start to results season 'signal a flow-through to corporate earnings' the brokerage said.

Goldman Sachs forecasts just a 3% S&P 500 annual return over the next 10 years, according to a recent analysis.

US stocks are unlikely to maintain their above-average performance over the next decade as investors plow into other assets, signaling an end to the S&P 500’s king-sized returns, Goldman Sachs Group strategists said Monday.