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Goldman Sachs strategist: US stocks are unlikely to enter a bear market in the coming year

Goldman Sachs Group strategists say U.S. stocks are unlikely to enter a bear market in the next 12 months, and the economic recovery will continue to support stocks. The team, led by Andrea Ferrario, believes there is only an 18% chance of stocks falling more than 20%, even considering the risks posed by the presidential election. After surging nearly 25% in 2023, the S & P 500 is up about 20% this year, led by broader technology stocks. Despite bond gains this month...

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2024-11-05 13:19:42
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