
Goldman Sachs: It is expected that the US economic growth rate will slow down in the second half of the year, and interest rates may be cut by 25 basis points every quarter after September

Goldman Sachs Asset Management expects the US economic growth rate to slow to around 2% in the second half of the year, with stock indices remaining relatively flat. It is anticipated that the Federal Reserve will cut interest rates by 25 basis points each quarter after September. The fixed income market will benefit from declining interest rates, with high-yield bond markets and structured credit offering investment opportunities. In terms of stocks, it is expected that US stocks will remain relatively flat in the second half of the year, and it is advised to stay away from stocks in the artificial intelligence sector. Additionally, Indian and Japanese stocks are attractive
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