Tag: Goldman Sachs

Goldman: Downturn will be four times worse than the financial crisis

Goldman sees a second quarter GDP decline of 11% from a year ago and 35% from the previous quarter on an annualized basis.
— Read on www.cnbc.com/2020/04/14/goldman-downturn-will-be-four-times-worse-than-the-financial-crisis.html

Goldman Sachs says it is time to buy gold — the ‘currency of last resort’ – MarketWatch

The current coronavirus-induced economic and financial market turmoil is seemingly the perfect environment for gold. “We have long argued that gold is the…
— Read on www.marketwatch.com/story/goldman-sachs-says-it-is-time-to-buy-gold-the-currency-of-last-resort-2020-03-24

Goldman Sachs Warns S&P 500 Might Not Bottom Until 2,000 – Bloomberg

For investors asking whether Friday’s stock rally marked the bottom of the current rout, Goldman Sachs Group has an unpleasant answer: not yet.
— Read on www.bloomberg.com/news/articles/2020-03-15/goldman-sachs-warns-s-p-500-might-not-bottom-until-2-000

Goldman Sachs: The bull market will end with stocks down another 15%

Goldman’s top U.S. stock strategist cut his mid-year S&P 500 forecast to 2,450, meaning the bank sees the market falling another 15%.
— Read on www.cnbc.com/2020/03/11/goldman-sachs-the-bull-market-will-end-with-stocks-down-another-15percent.html

It isn’t 1999—the party’s not over for tech stocks yet, Goldman says – MarketWatch

Goldman Sachs analysts believe there’s still upside in tech stocks, even if other observers compare the current moment to the bursting of the dot-com bubble…
— Read on www.marketwatch.com/story/it-isnt-1999the-partys-not-over-for-tech-stocks-yet-goldman-says-2020-02-10

Pound Sterling (GBP) Latest: Goldman Sachs Picks as Top 2020 Idea – Bloomberg

Goldman Sachs Group Inc. is the latest Wall Street bank to bet on a pound rally in 2020 as it sees next month’s U.K. elections as a pathway to resolving Brexit.
— Read on www.bloomberg.com/news/articles/2019-11-22/goldman-joins-pound-bulls-seeing-brexit-boost-in-top-2020-trades

Goldman sees economy surprising in 2020 and these stocks will benefit

Goldman Sachs believes the U.S. economy is poised to snap back and certain stocks could have the most upside from the economic recovery.
— Read on www.cnbc.com/2019/11/18/goldman-sees-economy-surprising-in-2020-and-these-stocks-will-benefit.html

Goldman Sachs now expects Fed rate cut in July and Sept – Reuters

Goldman Sachs Group Inc analysts now expect the U.S. Federal Reserve to cut interest rates in July and in September, according to a research note issued after Fed Chairman Jerome Powell on Wednesday signaled a rate cut as early as next month.
— Read on www.reuters.com/article/us-usa-economy-goldman-sachs/goldman-sachs-now-expects-fed-rate-cut-in-july-and-sept-idUSKCN1TL0AB