Goldman Sachs says buy these groups of 10 stocks to build the foundation of a portfolio that will outperform in a recession — or if the economy surprises investors by avoiding a downturn.
Goldman Sachs is relatively optimistic in 2023, saying there's only a 1/3 chance of a US recession.US Stock Chief David Kostin and his team put together portfolios designed for either scenario.
But even Goldman acknowledges that a downturn remains a distinct possibility. In fact, it puts the odds of a recession in 2023 at 33%. He means that investors aren't positioned in an overly defensive way, no matter how worried they might be on a personal level. But while investors are set for continued growth thanks to a soft landing, analysts' profit forecasts are looking more and more recessionary.
Kostin and his team assembled two non-overlapping portfolios of stocks for either scenario — one in case the economy continues to grow and profits hold up reasonably well, and another in case a recession hits and earnings fall.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Goldman Sachs’ consumer business Marcus facing Fed probe: reportThe probe grew out of a standard Fed review of the business in 2021 and intensified into an investigation last year.
Consulte Mais informação »
U.S. Fed probes Goldman Sachs consumer business - WSJThe U.S. Federal Reserve is probing whether Goldman Sachs Group Inc's consumer business had appropriate safeguards in place as the bank ramped up lending, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Consulte Mais informação »
Federal Reserve investigating Goldman Sachs' consumer businessThe Federal Reserve has launched a probe into Goldman Sachs' consumer business known as Marcus, reportedly over concerns that the bank did not have proper safeguards in place.
Consulte Mais informação »
Stock Market Today: Dow Gains 250 Points; Netflix Stock Price JumpsA rally in tech shares led Wall Street higher Friday, with the Nasdaq up 2.6%. The Dow and S&P ended the week lower, their first weekly declines this year.
Consulte Mais informação »
Nearly 60,000 Laid Off In January So Far As Major Firms Increase CutsGoogle, Microsoft, Goldman Sachs and Salesforce laid off thousands of employees this month, after more than 125,000 U.S. employees lost their jobs in 2022.
Consulte Mais informação »
WSJ News Exclusive | Federal Reserve Probes Goldman Consumer BusinessBreaking: The Federal Reserve is investigating Goldman Sachs over its consumer business, people familiar with the matter say
Consulte Mais informação »