Goldman Sachs and Bank of America revised their forecasts for the European Central Bank's interest rates today, estimating that a new surge in inflation will prompt its officials to respond aggressively.
In particular, as Bloomberg reported, economists...
Her Eleftherias Kourtalis
Goldman Sachs raises target prices for Greek banks after Q2 results to incorporate management's new guidance, market trends, as well as higher earnings per share estimates and increased regulatory capital reserves .
As he notes,...
Her Eleftherias Kourtalis
The ongoing energy crisis has further weakened growth prospects across Europe, with Goldman Sachs now expecting a recession in the Eurozone, which it estimates has already started in the current third quarter and will...
Her Eleftherias Kourtalis
The ongoing energy crisis has further weakened growth prospects across Europe, with Goldman Sachs now expecting a recession in the Eurozone, which it estimates has already started in the current third quarter and will...
By Eleftherias Kourtalis
Overblown recession fears gripped commodity markets, particularly oil, in June, in one of the worst monthly performances in 8 years. Since then, major commodity indices have recovered, but prices for crude, petroleum products,...
By Eleftherias Kourtalis
The rally in stocks is unlikely to continue amid risks that include a recession and a new upside surprise in inflation, thus requiring the Fed to raise interest rates further and significantly, Goldman Sachs...
