Oil prices have come down way too fast on Omicron variant concerns, says Goldman Sachs oil strategist Damien Courvalin. In fact, the price correction is borderline comical, per Courvalin’s calculations. “The lack of discretionary buying activity in the face of an uncertain new COVID variant has therefore left prices in […]
Sachs
Not every sector of the market is a longer-term buy even with stocks continuing to be on autopilot, warn strategists at Goldman Sachs. Some of the worst stocks to own in a U.S. economy trying to claw back from the COVID-19 pandemic are those with high exposure to tight labor […]
/cloudfront-us-east-2.images.arcpublishing.com/reuters/E3ESHQVIJ5MA5H6DOTX4RELLIQ.jpg "Goldman Sachs cashes in on M&A wave to cap stellar quarter for U.S. banks")
Oct 15 (Reuters) – Goldman Sachs Team Inc (GS.N) on Friday claimed a 66{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} surge in third-quarter profit that smashed anticipations, as Wall Street’s greatest expense lender rode a history wave of M&A activity and initial general public choices. The bank posted gains of $5.28 billion up from $3.23 billion […]