Fear is in the air, with global equities tumbling and havens on the rise as investors enter a decisive week that could bring a war to Europe, if more diplomatic efforts fail to persuade Russia to back off a Ukraine invasion.
Over the weekend, Goldman Sachs rolled out its own fresh S&P 500 year-end forecast, dropping that to 4,900 from 5,100, which is still 11% higher than where prices closed Friday. Kostin and the team see two-sided risks to their baseline S&P 500 forecast, but “with a larger downside tail,” and offered up three alternative scenarios for stocks apart from that baseline view:
Splunk shares SPLK, -2.76% are surging on reports of a $20 billion takeover offer from Cisco Systems CSCO, -1.77% for the data analytics software company. While COVID-19 restrictions ease up globally, New Zealand and Hong Kong are being overwhelmed by cases, and scientists are warning over what the next mutation could bring.
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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman Sachs says these global stocks have strong earnings growth — and tips them to rally more than 50%Goldman's global conviction list contains several stocks which the bank says have strong EPS growth and serious potential upside this year. You are such an inspiration, a humble soul..., Impeccable teacher with regards to life and trading .You have helped us Ondrej_Kobersky never stop the journey begins now. It means get out 😂
Source: CNBC - 🏆 12. / 72 Read more »
Goldman lowers official S&P 500 forecast and also evaluates what a recession would do to stocksGoldman Sachs cut its target for the S&P 500 over the weekend citing higher rates crimping valuations. Sell sell sell Wouldn't you spread fear so you can accumulate at lows? WallStJesus I how these analysts are always so wrong and then think they are correct when they change course. Pathetic.
Source: CNBC - 🏆 12. / 72 Read more »
Goldman Sachs says these global stocks have strong earnings growth — and tips them to rally more than 50%Goldman's global conviction list contains several stocks which the bank says have strong EPS growth and serious potential upside this year. You are such an inspiration, a humble soul..., Impeccable teacher with regards to life and trading .You have helped us Ondrej_Kobersky never stop the journey begins now. It means get out 😂
Source: CNBC - 🏆 12. / 72 Read more »