Goldman Sachs analysts are projecting further recession scares in the stock market next year, citing a 39% probability of a growth slowdown in the U.S.
National Retail Federation CEO Matt Shay provides an analysis of the retail sector as consumers prepare for the holiday shopping season on ‘Cavuto: Coast to Coast.’could face further volatility next year as it has not yet priced in the likelihood of a recession, according to Goldman Sachs strategists.
"The bear market is not over, in our view," they wrote. "The conditions that are typically consistent with an equity trough have not yet been reached. We would expect lower valuations , a trough in the momentum of growth deterioration, and a peak in interest rates before a sustained recovery begins."
"The bear market is not over, in our view," they wrote. "The conditions that are typically consistent with an equity trough have not yet been reached. We would expect lower valuations , a trough in the momentum of growth deterioration, and a peak in interest rates before a sustained recovery begins."
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