With 2023 year reaching its conclusion, there continues to be growing consensus that expected recession, which was once a topic of concern, is now being avoided. As per Goldman Sachs’ 2024 outlook report, there should be modest growth in the US economy in the next year and the financial giant does not see the onset of
At the time of analyzing stocks, there are several tools which are available to both professional and retail investors. The 2 popular approaches include value investing and growth investing. Both these approaches are being significantly used in the financial community. There are analysts who can select best quality stocks to buy in 2024 through using these
The US equity markets saw mixed performances on Thursday, but closed November on high note. Dow Jones, S&P 500, and Nasdaq Composite all the 3 indexes ended their 3-month losing streaks. Dow Jones saw a significant rally intraday after the US Fed’s preferred measure of inflation saw a dip again in October. Salesforce shares provided
When we hear the word infrastructure, our minds are filled with images related to roads, bridges, water supply systems, transportation networks, etc. However, over past couple years, for several people throughout the world, this definition of infrastructure has changed a lot. In a developed economy such as the US, where majority of the people have
With the end of 2023 fast approaching, the recession has not hit the world’s biggest economies such as the US and China, which predicted by the analysts earlier in the year. In March, more than ~70% of National Association of Business Economics’ (NABE) survey panelists expected that the growth in consumer price index (CPI) should remain more
S&P 500 and the Dow Jones closed Wednesday flat, and indexes are on track for strong November gains. 30-stock Dow Jones saw an increase of ~13.44 points, or 0.04%, to end the session at ~35,430.42. The S&P 500 was slightly down by ~0.09% to end at ~4,550.58, with the Nasdaq Composite declining by ~0.16% to 14,258.49. As a result of strong November rally,
The US stocks ended higher as the markets saw a fairly muted trading day on 28th November, with cautious investors assessing hints that the red-hot November rally might be overdone. The Dow Jones Industrial Average ended higher as the index went up by over ~0.2% while tech-heavy Nasdaq Composite saw an increase of ~0.3%. Benchmark
The Goldman Sachs Group, Inc. has been categorised as one of the biggest investment management firm in the world. It is one of the oldest banks around as the company has its roots back to 19th century. Institution’s operations have seen many ups and downs since the inception year and it has stood strong across
Asian stocks were seen trading in the losses and the US equity futures saw a decline as traders and analysts continue to eye further data points from the US, Europe and China to get an idea if the November rally will be sustained or not. Since Asian markets erased gains, the key data points which
Bank of America, a leading US financial institution, has stated that global investors have invested ~$40 billion in stocks since Oct. 9. This was the biggest 2-week inflow since the month of February in 2022. As a result this increased investments in the overall market, equities on Wall Street saw a significant rally. In just
