[ad_1] With the market rally appearing to lose some steam in the second half of June, it may be smart for investors to hedge against a backslide for stocks, according to Goldman Sachs. The firm’s economists now see just a 25% chance of a recession in the next year, but that doesn’t mean investors shouldn’t … Read more
[ad_1] Pedestrians in front of a pawn shop during Golden Week at night in Macau, China, on Sunday, April 30, 2023. Bloomberg | Bloomberg | Getty Images China’s lackluster economic recovery since emerging from strict “zero-Covid” lockdowns has caused weaker sentiment toward the country, prompting investors to look for alternative options — like its near … Read more
[ad_1] For the immediate economic and earnings and growth outlook, it almost seems irrelevant whether regional bank stocks rally, steady or sell off more next week. Regional banks were top of mind for investors this past week, as First Republic failed , the SPDR S & P Regional Banking ETF tumbled more than 10% — … Read more
[ad_1] Goldman Sachs has identified a number of energy stocks to own ahead of an expected turn in the market’s sentiment toward the oil and gas sector. The Wall Street bank said it had observed greater ownership of the energy sector due to a change in the way ESG investors — or those who take … Read more