The U.S. benchmark is around 17% below its February record, but the median stock trades 28% from its peak, Goldman strategists including David Kostin wrote in a note Friday.
Goldman
A Goldman Alum, a Big-Game Hunter, and $100 Billion Business
Together, this corporate odd couple has a plan to turn around the lagging fortunes of the world’s largest gold-mining company, whose shares are down 67 percent from their high in 2010.
Goldman Sees the Australian Dollar Falling to 72 Cents; Report
Gold Silver Reports (GSR) – Goldman Sees the Australian Dollar Falling to 72 Cents – The Aussie will decline to 72 U.S. cents by year-end as restrained economic growth and inflation mean the Reserve Bank of Australia will take a “few years” to catch up with the Federal Reserve in raising borrowing costs, said Philip Moffitt, Asia-Pacific head of fixed income in Sydney at the firm, which oversees more than $1 trillion.
Goldman Says Four Fed Hikes Little Problem for Asian Equities
Gold Silver Reports – Investors should look through the worries about a faster pace of U.S. monetary tightening that have shaken Asian stocks so far this week, according to Goldman Sachs Group Inc.
Goldman’s a Raging Bull on Commodities as Turmoil Aids View
Goldman’s a Raging Bull on Commodities as Turmoil Aids View
Goldman Thinks This Fed Meeting May Not Be a Sleeper After All
Gold Silver Reports – Goldman Thinks This Fed Meeting May Not Be a Sleeper After All — Far from being a complete nonevent, Goldman Sachs Group Inc. expects a slightly hawkish upgrade of language at the Federal Reserve meeting this week, slated to be Janet Yellen’s last.
Goldman Says Growth Is Bigger Fed-Hike Factor Than Market Thinks
Gold Silver Reports – Investors have been underestimating the importance of U.S. economic growth for Federal Reserve policy, and giving too much relative emphasis to inflation and wage data that have tended to disappoint expectations, according to Goldman Sachs Group Inc.
Goldman Alum to Help Sell Debt From Places You’ve Never Heard Of
Gold Silver Reports – Goldman Alum to Help Sell Debt From Places You’ve Never Heard Of – Raiffeisen Bank International AG wants to boost its ranking among global bond arrangers by opening up debt markets in countries some investors may be hard pushed to pinpoint on an atlas.
Goldman Warns Highest Valuations Since 1900 Mean Pain Is Coming
Gold Silver Reports – Goldman Warns Highest Valuations Since 1900 Mean Pain Is Coming – A prolonged bull market across stocks, bonds and credit has left a measure of average valuation at the highest since 1900, a condition that at some point is going to translate into pain for investors, according to Goldman Sachs Group Inc.
India Growth to Rebound to 8% in FY19, says Goldman
Gold Silver Reports – ✅ India’s economic growth will bounce back to 8% in the next fiscal year as one-time hits due to demonetisation and goods and services tax wear off and benefits due to formalisation of the economy, strong global growth and recapitalisation of public sector banks kick in, US-based investment bank Goldman Sachs (GS) said in its year-end forecast.