Some experts are warning that the economy will take a “major hit” next year as the Fed struggles to combat inflation. For example, Deutsche Bank on Tuesday became the first major bank on Wall Street to forecast a recession next year, albeit a "moderate" one, thanks to the combination of surging inflation and rising interest rates. Weekly price of Deutsche Bank stock was bounced from 9.46 bearish support area to above for crossing Ichimoku ...
Apple announced a slew of new services at its event on Monday, including the Apple Card, a credit card that Apple is offering in partnership with Goldman Sachs and Mastercard. In this note, we take a look at what the new card could mean for Apple’s growing services business using Trefis data. more...
Everything Goldman Sachs predicts for 2017 - in one chart the source
Goldman Sachs forecasts UK recession in 2017, downgrades global growth forecasts "First, the UK terms of trade are likely to deteriorate, especially if it becomes harder to export high-value added services (including financial services) to the European Union," the note said. "Second, the uncertainty about the long term is likely to weigh on UK growth in the short term as firms hold off on investment...Third, outside the UK ...
Goldman Sachs made some forecast concerning USD related to the FOMC meeting which will be held next week on Thursday: "With an all-important FOMC meeting coming up next week, focus on the USD factor may increase once again. That has not typically been helpful for EM FX in recent years. But given our US Economics team’s view that the first hike is not likely to come until December and given the very sharp sell-off in EM FX in recent days, some stabilisation is certainly possible in ...
Recent Comments