Goldman: Buy These Stocks After Coronavirus Recedes
The firm says the virus would hit U.S. economic growth by up to 0.5 percentage points in the first quarter, but the drag would be recouped fast.
The firm says the virus would hit U.S. economic growth by up to 0.5 percentage points in the first quarter, but the drag would be recouped fast.
In large part, Tony Dwyer, a well-known Wall Street bull, said everything goes back to the Federal Reserve and its easy-money policies.
For decades, Warren Buffett has been the king of investing. But the strategy that made him the third-richest man on the planet is dead.
But when analyzing portfolio allocation he always has one simple question at the top of his mind: Do we see a recession coming?
Following dire market forecasts tends to cost investors bucketloads of money, but the appetite for pessimism porn is vast. JPMorgan figured it out.
Goldman Sachs strategist David Kostin doesn’t think that’s any reason for investors to stay away from buying into those companies.
Levkovich referenced a note from earlier in the week that showed how the bank’s proprietary panic/euphoria chart indicated sentiment ramping up.