51 cheap stocks to buy if there’s no recession: Goldman Sachs

David Kostin, the chief US equity strategist at Goldman Sachs, noted in a recent report that inflation is steadily slowing. His firm thinks core Personal Consumption Expenditures , a common gauge of price growth, should return to near the Federal Reserve's 2% target by 2025.

Rapidly falling goods inflation is dragging down the core PCE Index while services inflation stays sticky.A recent report, however, shows that inflation isn't going to simply vanish into thin air. On Friday the US Department of Commerce announced that the month-over-month, which was higher than anticipated.

Lower inflation is crucial if the economic expansion is to continue. Goldman Sachs is relatively optimistic about growth and anticipates that GDP will stay positive for at least the next seven quarters, while its peers call for an economic contraction in the back half of the year.Perhaps most perplexing about the economic landscape is how the unemployment rate has stayed historically low despite

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.

Nvidia’s market capitalization gain on Thursday is bigger than all of Disney, Netflix, Boeing or NikeNvidia’s total market capitalization added nearly $184 billion on Thursday, making one of the biggest one-day gains in U.S. corporate history. $NVDA is on track of becoming the sixth company to join the $1 trillion cap club.
Source: MarketWatch - 🏆 3. / 97 Read more »

Goldman Sachs says these three stocks have at least 75% upside — and one has A.I. at its coreThe Wall Street giant expects investors to focus on established companies with favorable profits instead of high-growth names in the quarters to come.
Source: CNBC - 🏆 12. / 72 Read more »

JPMorgan is developing a ChatGPT-like A.I. service that gives investment adviceBanks including Goldman Sachs and Morgan Stanley are testing A.I. internally, but JPMorgan may be the first to release a GPT-like product directly to customers.
Source: CNBC - 🏆 12. / 72 Read more »

5 tips for entrepreneurs looking to start a successful food businessInsider is a global news publication that tells the stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »