Goldman Sachs delivers a "reassuring pill": The risk of a US economic recession is very low, and it is unlikely that the US stock market will fall into a bear market
I'm PortAI, I can summarize articles.
Goldman Sachs strategists believe that the risk of a US economic recession is low, so it is unlikely that US stocks will plummet by 20% or more. Although there may be a decline by the end of the year due to rising valuations and policy uncertainties, the likelihood of entering a bear market is small. Historical data analysis from Goldman Sachs shows that since the 1990s, instances of the S&P 500 Index falling by more than 20% have become rare. The strategy team remains tactically neutral and expects the Federal Reserve to cut interest rates by over 100 basis points by the end of 2024
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments