Goldman Sachs: stock bull market likely to continue in 2020 - Business Insider

since the market's post-financial crisis bottom in March 2009, you've earned a hefty 400% as the bull market has extended well into an 11th year.' Private Wealth Management Division, thinks the good times will keep rolling.Exchanges at Goldman Sachs

Mossavar-Rahmani roots her thesis in hard data, historical anecdotes, and a low probability of a recession in 2020. "Even in the absence of a view of valuation or on earnings growth, the economic backdrop suggests staying invested," she said. "If one is in an expansion, the probability of a positive return is 87%."

"The message again here is that there's a lot upside left if we are still a ways away from a recession," she said. "And the probability of a recession in our view is actually quite low. We're about 20% to 25% probability."Mossavar-Rahmani notes that three historical drivers of economic downturns — the Federal Reserve, economic imbalances, and exogenous shocks — are not cause for concern.

Ireland Ireland Latest News, Ireland Ireland Headlines

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

Goldman Sachs says investors' cavalier attitude towards coronavirus is setting the market up for a correction | Markets InsiderMarkets have shrugged off coronavirus fear on earnings optimism, and Goldman Sachs is warning against what they view as complacency. It's lookin... Somebody better check and see what GS shorted this morning b4 they came out with that unsubstantiated bullshit.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Goldman says market underestimating coronavirus risk: 'Correction is looking much more probable'Goldman Sachs sounded the alarm about a possible correction in the stock market, noting investors are underestimating the coronavirus risk. signal to go all in Lost money in market making? you wish
Source: CNBC - 🏆 12. / 72 Read more »