Goldman Sachs: These 27 stocks have the highest expected returns on equity of up to 49% for the next 12 months as we enter a recessionary environment
The bad news is stock returns on equity are expected to continue to decline this year. There's good news:consumer price index
But that doesn't mean the stock market will bounce back into recovery or that we're off the hook for a recession. A contraction in profit margins was the main reason for the ROE decline last quarter. Most sectors within the S&P 500, or seven out of 11, were on a downward spiral. This trend will continue as companies enter a tougher pricing environment brought on by a mild recession. Plus, new corporate taxes from the Inflation Reduction Act will shave off more profits, the note adds.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Goldman Sachs profit drops sharply and misses estimates, stock dipsGoldman Sachs Group Inc. stock is down about 1.7% in premarket trades after the investment bank reported sharply lower fourth-quarter earnings that missed...
Baca lebih lajut »
Stock market news today: Dow dives 400 points as Goldman Sachs missesUS stocks close mixed as Dow dives nearly 400 points on weak Goldman Sachs earnings
Baca lebih lajut »
We could see another USD/JPY sell-off of roughly 3% – Goldman SachsAs markets brace for Wednesday’s Bank of Japan (BoJ) monetary policy meetings, multiple investment banks and analysts convey their forecasts for the U
Baca lebih lajut »
Goldman Sachs is set to report fourth-quarter earnings — here's what the Street expectsHow long will the investment banking drought last? That's one of the top questions analysts will have for Goldman CEO David Solomon.
Baca lebih lajut »
Goldman Sachs misses profit estimates on dealmaking slumpGoldman Sachs Group Inc on Tuesday reported a bigger-than-expected 69% drop in fourth-quarter profit due to heavy losses in its consumer business and a slump in dealmaking that hit its investment banking unit.
Baca lebih lajut »