Goldman says market is unlikely to make new lows because government is doing 'whatever it takes'

Goldman Sachs acknowledged that its call for a deeper sell-off is "no longer likely" as it underestimated the unprecedented policy actions to offset the coronavirus impact.

The bank said the stock market has likely bottomed and it's pricing in a "sharp" economic recovery. It previously predicted the

Pro 🙄 Really?!?! So which one is it? You need to get your acts together; people rely on CNBC for information not journalistic chaos. Goldman says downturn will be four times worse than the financial crisis

Pro Every day I trust less Goldman...

Pro Wall streeters are now full blown communists.

Pro saying the quiet part out loud

Pro Just means they want to suck in the money of idiots right before the market crashes

Pro

Pro Goldman on ledge rubbing crystal ball yelling we're not there yet

Pro History repeats itself

Pro just as in 2008, they can certainly lead horses to water, but they cannot make them drink. it's not over yet by a long shot

Pro New goldman isn’t as intelligent as old goldman

Pro

Pro Must be getting close to their buy in levels 🤣

Pro What's going to home sales and home-related stocks? $HD

Pro 😂

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Goldman says beware stocks getting government assistance even though they may pop on the newsNew for subscribers: Goldman says beware stocks getting government assistance even though they may pop on the news Check out CNBCPro and get your first 7 days free. Pro The truth is : Goldman wants you to buy only THEIR vodoo startup stocks or to pump up further their flag ship BIG TECH. Goldman is not interested in real US-economy shares to rise. So obvious. ;-( Pro Best advice I have heard, yet. You think people would wisen up after Fanniegate fiasco, shareholders STILL over barrel 12 years later. Government will screw shareholders. Who else gets to buy 4 billion warrants for .00001/share? Thieves.
Source: CNBC - 🏆 12. / 72 Read more »

Investors are scouting an unlikely corner of the stock market: Indian private sector banksBig bank stocks in India are falling like nine pins. Some investors believe that the gloominess might be overdone. 👍 They have some great ones! Banking is risky business all heartless shareholders should take the smooth and the rough
Source: CNBC - 🏆 12. / 72 Read more »