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Goldman Sachs' 2019 stock market outlook: Raise cash and get defensiveGoldman Sachs is not feeling very bullish about stocks in 2019, according to its official outlook report to clients out this week. Let's break this down into figures to look at just how effective this form of distribution really is. Bullish at the top, bearish at the low. Lmfao.
Source: CNBC - 🏆 12. / 72 Read more »
Wall Street’s really bullish on the stock market in 2019, but don’t get too excitedIf this soul-crushing climate has you lamenting your prowess at forecasting the direction of the stock market, wait until you see just how miserably the well-compensated Wall Street professionals have fared over the years. They are like weather forecasts host !!! Only thing they are right about is what the weather was like yesterday... This reminds me of the efficient markets hypothesis which in a nutshell means the market is random and cannot be predicted. Despite this fact, analysts will continue to predict the market as this gives investors more confidence. I wonder what analysts will predict for 2019 🤔 No shit
Source: MarketWatch - 🏆 3. / 97 Read more »
Breakingviews - The 2019 stock market reversal: how it happened(Reuters Breakingviews) - Few people would have disagreed at the beginning of th... Back to the future...? Are we really pretending the end of year sell off isn't a thing that has happened for decades? One word: Trump
Source: Reuters - 🏆 2. / 97 Read more »
The 2019 stock market reversal: how it happenedFew people would have disagreed at the beginning of the year that the nine-year-long bull market was reaching its end phase. That didn’t diminish the shock when stocks began to plunge in earnest. Breakingviews lays out a fictional account of how the good times came to an end.
Source: Breakingviews - 🏆 470. / 51 Read more »