The New York Stock Exchange stands in lower Manhattan on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City.While uncertainties around the economic reopening and fiscal stimulus still persist, angst is already building around the fast-approaching U.S. presidential election. The long list of risks prompted Goldman Sacks to recommend stocks with stable growth and strong balance sheets to ride out the bumpy road ahead.
"The near-term uncertainties around the US outlook and the risk of longer-term economic consequences should continue to favor stocks with strong secular growth prospects and 'quality' characteristics," Arjun Menon, vice president of U.S. equity strategy at Goldman, said in a note on Wednesday. The Wall Street firm broke down its outlook for each sector and which ones investors should favor against the current backdrop.
Pro 'buy quality stocks' duh or buy crummy stocks?
Pro Forex and crypto trading (bitcoin) is one of the best way to earn when you have a good trading software system that brings forth good trading signals., inbox me to start your trading and minimize your loss
Pro life is uncertain.
Pro In this market, we buy any and every stock. Hey, didn't you say SMRT was going bankrupt? The market is bullish on SMRT now.
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fuente: Reuters - 🏆 2. / 97 Leer más »
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »