With the Information, Resources and Opportunities Required to
Fight Evil. Avert Suffering. At Scale.

Wednesday, August 10, 2022

The stock market is headed for another big sell-off unless economic data quickly improves, Goldman Sachs says | Business Insider

Must Read

Goldman Sachs: The stock market rally in the United States is not a fresh bull market.

Since mid-June, the S&P 500 has gained 14%, but according to Goldman Sachs, this is not enough to signify the beginning of a new bull market. The bank said that unless economic data improves swiftly, the stock market is destined for another significant sell-off that might lead to new lows. As the rate of savings continues to fall to pre-pandemic levels, high inflation might be very powerful.

Source: https://www.businessinsider.com/stock-market-outlook-sell-off-ahead-unless-economic-data-improves-2022-8

Latest News

Senior Commander of Putin’s Elite Special Forces Killed in Ukraine: Report | News Week

In Ukraine, Russia has suffered one of its gravest defeats. According to reports, the Russian military has suffered a severe...

More Articles Like This