Goldman upgrades global equities on earnings optimism
Goldman Sachs has upgraded its outlook on global equities from neutral to overweight as earnings growth remains strong. This change is attributed to more attractive valuations ahead of the forthcoming earnings season. The bank also expressed caution regarding potential risks from higher rates and energy prices impacting equity markets. Additionally, it remains bullish about the Asia...
Key Takeaways
- Goldman Sachs has upgraded its outlook on global equities from neutral to overweight as earnings growth remains strong.
- This change is attributed to more attractive valuations ahead of the forthcoming earnings season.
- The bank also expressed caution regarding potential risks from higher rates and energy prices impacting equity markets.
Goldman Sachs has upgraded its outlook on global equities from neutral to overweight as earnings growth remains strong. This change is attributed to more attractive valuations ahead of the forthcoming earnings season. The bank also expressed caution regarding potential risks from higher rates and energy prices impacting equity markets. Additionally, it remains bullish about the Asia and US markets while being underweight on Europe.
Original Publisher Attribution
This summary was curated from Economic Times.