Goldman Sachs says Europe's stocks have a huge 'cushion' not seen since the financial crisis | Markets Insider

While equity markets globally will probably gain in 2020, Goldman Sachs makes a case for European stocks especially.

Also, investors are"likely to become increasingly focused on US election risk, and less on risks in Europe," Goldman wrote."For much of the past decade the US has significantly outperformed other equity markets, and for good reason," Peter Oppenheimer, chief global equity strategist and head of macro research in Europe at Goldman Sachs, wrote in a note on Monday.

"While profits typically tend to rebound sharply in the year following a strong valuation expansion, this is not our expectation for this year and next," he wrote."So long as the economic cycle continues to expand – and we expect it to – profits are likely to grow and equities should make some progress on balance through 2020 as a whole.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Next stock market crash: Investor euphoria hits financial crisis level - Business InsiderA gauge of stock-market euphoria is surging past the highs it reached before the 2008 financial crisis — and it's convinced one Wall Street bull that a meltdown is near Nooooo!
Source: BusinessInsider - 🏆 729. / 51 Read more »

15 stock picks to buy during strong economy: exclusive Goldman metric - Business InsiderGoldman Sachs says these 15 stocks are poised to explode higher as the economy thrives, based on an exclusive metric it developed Hmm.. Goldman Sachs has an exclusive metric and it’s sharing it us? Aww.. that’s sweet 👍🏼 $GS
Source: BusinessInsider - 🏆 729. / 51 Read more »

Dow Hits 29,000 For First Time, Despite Sluggish Jobs Report And Ongoing Tensions With IranThe stock market hit a new milestone on Friday. Again, proof that CorruptGOP & Trump tax scam only worked for the wealthy. They'll hoard their money and the rest of us will have to beg for scraps. LockThemAllUp Which demonstratetes how the DOW has decoupled from the real economy. Tech
Source: Forbes - 🏆 394. / 53 Read more »