Goldman Sachs revised up its forecasts for GDP and unemployment in 2020, but says failure to pass a new fiscal stimulus package would hurt growth.
'Left with lower levels of profits and cash shortfalls, companies are likely to come out on the other side of the coronavirus more indebted.’
"The catalysts for reckoning are numerous as a major cyclical economic downturn has only just begun.”
According to a Broadridge Financial survey in 2019, nearly three-quarters of advisors said they knew nothing about non-transparent ETFs.