Goldman Sachs predicts rally of more than 50% for these 2 stocks
Stocks started this year with big gains, retreated slightly last week, and are on the rise again. The big tech giants led the moves, with volatility from Apple and Amazon leading the NASDAQ in its moves. The strategy team at investment bank Goldman Sachs has taken note of the market turmoil and is working on what it means for investors. According to macroeconomic strategist Gurpreet Gill, looking closely at bond yields and stock values, “The rise in global yields is a reflection of improving growth prospects given the encouraging progress in vaccines and in the United States, imminent fiscal stimulus. [It] Also signals rising inflation expectations and, in turn, raised expectations about the timing of monetary policy normalization.
Read Additional From Source
Copyright @ finance.yahoo.com
- Headline: Does Currency Exchange International (TSE: CXI) CEO salary compare well with company performance?
- Check all news and articles from the Money news information updates about currencies.