Goldman Sachs has cut its outlook for the S&P 500, and expects it to remain below 5,000 points this year, as rising inflation threatens to derail a budding recovery in the US economy. The revised forecast of 4,900 points is almost a 4% drop from the previous estimate, but remains 11% higher than closing the […]
Tag: Goldman Sachs
Goldman Sachs: ” Sees ” 7 interest rate hikes from the Fed following the latest inflation data
Goldman Sachs said it expects seven interest rate hikes by 25 basis points from the US Federal Reserve this year, up from five previously forecast and updated its forecast after US inflation data on Thursday, according to Reuters. The consumer price index climbed to 7.5% last month on an annual basis, surpassing economists’ estimates by […]
Goldman Sachs: No worries about spread spreads – Higher borrowing costs will be offset by growth
Her Eleftherias Kourtali Goldman Sachs is not worried about the impact of rising eurozone bond yields on the sustainability of public finances in high-debt countries, saying higher borrowing costs will be offset by the emerging economy. As the American bank notes in today’s report, the European bond market has made a rapid “turnaround”. This is […]
Goldman Sachs: No worries about launching spreads
Her Eleftherias Kourtali Goldman Sachs is not worried about the impact of rising eurozone bond yields on the sustainability of public finances in high-debt countries, saying higher borrowing costs will be offset by the emerging economy. As the American bank notes in today’s report, the European bond market has made a rapid “turnaround”. This is […]
Goldman Sachs: The forecast for the economy and markets in 2022
Goldman Sachs’s Consumer and Wealth Management arm in its 2022 forecast says it will be a great year for Value stocks, while the broader S&P 500 index will see a single-digit increase of 6.3%. The New York-based giant is bullish on energy stocks but also on health stocks and recommends overweight commodities and financial institutions, […]
Goldman Sachs: Changes gears and asks its employees to work telework
Goldman Sachs, one of the most ardent advocates for the return of its staff to the offices, is asking its employees in the US to work from home if they can until January 18, as coronavirus cases are rising nationwide, Bloomberg reported. . Goldman’s shift comes after a more cautious stance was adopted by most […]
Goldman Sachs: The emerging markets in the bets of 2022 – Which will outperform and how will the Greek shares move
Her Eleftherias Kourtali The Omicron variant is still extremely uncertain, and according to the negative scenario of Goldman Sachs economists, the “blow” to world GDP in the first quarter of 2022 will reach 2.5%. According to US Bank calculations, emerging market shares are currently estimating that next year growth will be at 3.7% and much […]
Goldman Sachs: Emerging Markets Bet on 2022 – How Greek Shares Will Move
Her Eleftherias Kourtali The Omicron variant is still extremely uncertain, and according to the negative scenario of Goldman Sachs economists, the “blow” to world GDP in the first quarter of 2022 will reach 2.5%. According to US Bank calculations, emerging market shares are currently estimating that next year growth will be at 3.7% and much […]
Goldman Sachs: Omicron mutation ‘cuts’ US GDP estimates
Goldman Sachs economists have downgraded their estimates for the US economy for both this year and next, after deciding that the spread of the Omicron mutation will provide “moderate downward” resistance to growth. According to Bloomberg, in a report to its customers over the weekend, economist Joseph Briggs said that Goldman Sachs now expects US […]
Goldman Sachs: Greece and the rest of the South will judge the success story of the Recovery Fund
Her Eleftherias Kourtali Given the significant investment gaps in southern European countries seen before the pandemic recession, the Recovery Fund and its emphasis on investment support are expected to facilitate the “consolidation” of sustainable development, according to a new report. Goldman Sachs. With almost 65% of the recovery fund’s resources going to southern Europe, progress […]
