Tag: Goldman Sachs

Goldman Sachs issued a statement of warning on Wednesday to investors amid the wave of economic uncertainty arising from the collapses of Silicon Valley Bank and Signature Bank. This development led Goldman Sachs chief economist Jan Hatzius to reduce his GDP forecast for 2023. Hatzius...

Goldman Sachs economists expect the Federal Reserve to slow down the pace of its interest rate hikes following the collapse of Silicon Valley Bank and its takeover by U.S. regulators on Friday. Despite the government's pledge to contain the crisis, the fallout has created a...

Goldman Sachs is finally buying into Apple as a viable addition to your investment portfolios. After six years of keeping the iPhone maker’s stock at Neutral or Sell, the investment bank has recently changed course and upgraded it to Buy. The last time Goldman Sachs...

Goldman Sachs Group Inc. expects the oil market to face a serious supply problem in 2024 as spare production capacity runs out. The investment banking group furthermore projects that oil will rise back above $100 per barrel during the course of 2023. Against the backdrop...

With little prospect of the Federal Reserve dialing back on its aggressive rate hikes to curb inflation, Goldman Sachs has reduced its year-end 2022 target for the S&P 500 by approximately 16%. This sees the benchmark index's target adjusted from 4,300 points to 3,600...

Things are not going great for retailers at the moment. However, according to Goldman Sachs, that shouldn’t be the reason not to buy Walmart stock. In this week’s note sent to clients, Goldman’s retail analyst Kate McShane shared three reasons why Walmart stock is a...