Top 10 Blue Chip Stocks to Buy and Hold in 2022
Blue-chip stocks are companies that have a substantial market share in their industries and an overall stable business. They often have a slower growth rate than fast and upcoming companies,…
Best Stocks for Santa Claus Rally
A Santa Claus rally is a period where stocks and other assets bounce back in weeks before Christmas. It is often seen as a good time to invest in assets…
Goldman Sees Oil at $90 on Devastations Caused by Hurricane Ida
(MarketWatch) Goldman Sachs strategists expect oil to hit $90, a higher projection from the previous $80 on supply issues caused by Hurricane Ida. Predictions by Goldman come as oil demand…
Goldman Downgrades US Growth to 5.7% Amid Tough Situation
(Bloomberg) Goldman expects the overall economic expansion in the US to be 5.7% this year, a drop from the expected 6% at the close of last month. Economists at Goldman…
Goldman Courts Japan for Alternative Investments in Real Estate and Data Centers
(Nikkei Asia) Goldman Sachs seeks to expand its investments in Japan, remaining keen on office space and data centers. Goldman plans to almost double its annual property investments to about…
Global Semiconductor Disruptions Could Fall in the Second Half of 2021-Goldman
(CNBC) Goldman Sachs strategist Andrew Tilton expects global shortage of semiconductors to subside in the second half of this year. Goldman says the semiconductor disruption is at its worst now,…
Goldman Faults China’s Commodity Wars. Sees Early Price Win Temporary
Goldman Sachs does not expect China to win the war on curtailing rising commodity prices, according to Bloomberg. Strategist Jeffrey Currie says Beijing has lost the fight to control prices…
Goldman Assigns Coinbase a “Buy” Rating Amid Recent Crypto Rout
Goldman Sachs has recommended its investors to buy Coinbase stock to get exposure to cryptocurrency space, according to CNBC. Strategist Will Nance predicts the stock to jump by as much…
Goldman Announces a Crypto Desk in Pursuit of Digital Asset Opportunities
Goldman Sachs has created a crypto trading desk and successfully executed two bitcoin-linked derivatives, according to CNBC. The crypto team is under the bank’s global currencies and emerging markets trading…
Goldman Tips U.K for Faster Growth than US. Upgrades Growth Forecast of 7.8%
Goldman Sachs has upgraded U.K’s growth to 7.8% in 2021, up from 6.8% it set in February, according to CNBC. With the upgraded forecast, Goldman expects faster recovery in the…
Goldman’s Profit Surpasses Expectations on Global Deals and Trading Boom
Goldman Sachs earnings per share jumped to $18.60 in the first quarter of 2021 from $3.11 a year earlier, according to the company’s press release. The EPS was higher than…
Goldman Expects Copper to Reach $15,000 by 2025 as the World Moves to Clean Energy
Goldman Sachs termed copper as ‘new oil’ whose low supply could drive the price from the current $9,000 a ton to $15,000 a ton by 2025, reports Markets Insider. Goldman…