Reported about 11 hours ago
Goldman Sachs strategists, including David Kostin, believe that any recent gains in the S&P 500 Index may be temporary due to concerns surrounding the U.S. economy. Kostin has revised his earnings growth expectations for 2025 downward, forecasting a modest return compared to last year, citing high valuations in technology and uncertainties from political policies. He warns that improvements in economic outlook are necessary to reverse the current market weakness.
Source: YAHOO