Goldman Sachs expects weak earnings growth across all major markets in 2019

  • 📰 CNBC
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Goldman Sachs expects weak earnings growth across all major markets in 2019, Goldman Sachs' chief global equity strategist Peter Oppenheimer told CNBC's Squawk Box.

Investors can expect weak earnings growth across all major markets in 2019, according to Goldman Sachs' chief global equity strategist.

"We do think that earnings growth is going to be quite weak this year in all of the major markets," he said."So having seen the rebound that we've had already, much is going to depend now on how far earnings can grow, and I think that's going to be quite modest." Investors across the world are concerned over a gloomy outlook for the economy. The European Central Bank and the International Monetary Fund sharply downgraded their economic growth forecast for the euro zone recently as external risks such as a slowdown in the German economy, Italy's rising debt pile and uncertainties around U.K.'s exit from the European Union continue to weigh in.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Earnings Parade: Citigroup And Goldman Sachs Kick Things Off With Mixed ResultsWe’re looking at another big week of bank earnings, and it started off Monday with a bit of a puzzle as Citigroup and Goldman Sachs had some strong and some weak aspects. The market looks like it’s searching around for direction.
Source: Forbes - 🏆 394. / 53 Read more »

As Goldman Sachs drags on financials, Cramer and other experts weigh in on bank earningsAhead of earnings from Bank of America and Morgan Stanley later this week, five experts weigh in on the mixed quarter for the big banks so far. TradingNation When did Cramer become an “expert”? He’s always been a piker, charlatan and clown.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks slip after lackluster earnings from Goldman Sachs and CitigroupStocks slipped slightly today following mixed quarterly numbers from Goldman Sachs and Citigroup. The Dow fell 0.11% and the S&P 500 fell 0.06%.
Source: CNBC - 🏆 12. / 72 Read more »