Goldman Sachs Turns Optimistic on Both Stock and Bond Markets
Goldman Sachs, by upgrading its outlook for financial markets, placed stocks on a three-month horizon and bonds on a 12-month horizon among assets with a relatively positive outlook. The decision is based on strong corporate earnings growth and limited risk of economic recession. The bank's analysts expect earnings of S&P […]
Goldman Sachs can raise its stock by 30% by raising the outlook of the financial markets, stocks in the three-month horizon and bonds in the 12-month horizon in the transformation of Citigroup. Management reforms and increasing the price target of SpaceX shares to $230; Starlink seeks to compete with American telecommunication giants. Pivotal Research has increased the price target for SpaceX shares from $220 to $230, and Microsoft is preparing to deploy its chips with a capacity of several gigawatts in data centers. Microsoft the heavy cost of bypassing the Strait of Hormuz; The hidden reality of the return of Persian Gulf oil exports at a glance, Persian Gulf oil exports returned to about 16.5 million barrels per day in September, and is Bloom Energy's stock still worth buying after growing 15 times? Bloom Energy shares have grown more than 1400% in the last five years and only since October of last year, you can get the latest news by subscribing to the YouTube Times newsletter.
Goldman Sachs, by upgrading the outlook of the financial markets, placed stocks in the three-month horizon and bonds in the 12-month horizon in the group of assets with a relatively positive outlook. This decision has been taken based on the strong growth of companies' profits and the limited risk of economic recession.
Analysts of this bank expect the profit of S&P 500 index companies to grow by nearly 30% in the third quarter of the year, compared to the same period last year. Also, the recent decline in the markets has made the stock valuation more attractive.
In the bond market, the yield on US Treasury bonds has reached its highest level since 2002; An issue that has increased the attractiveness of long-term bonds.
Goldman Sachs expects lower inflation, higher energy prices and a more expansionary approach by the Federal Reserve to support both equity and bond markets.