Goldman Sachs has raised its price forecasts for London’s FTSE 100 and the pan-European Stoxx 600, citing the possibility of a peace deal in Ukraine. The bank now expects the FTSE 100 to hit 9,000 within 12 months. This outlook follows comments from US President Donald Trump, who indicated he would begin negotiations with Vladimir […]
Gold has emerged as a star investment this year, thanks to a wave of buying that has pushed it to the forefront of asset performance. Prices have already climbed over 30% year-to-date, and Goldman Sachs anticipates further upside, predicting gold could reach $3,000 per ounce by late 2025—an 8% increase from current levels. The bank’s […]
Fed interest-rate cuts are widely anticipated on Wednesday, but how the stock market will respond to this policy shift remains uncertain. Historical patterns suggest that the reasons behind the Federal Reserve’s decision to lower rates play a more significant role in shaping market reactions than the simple fact that borrowing costs are being reduced. Goldman […]
Goldman Sachs analyst and co-head of global foreign exchange strategy Zach Pandl revealed his outlook for Bitcoin (BTC) in a research note distributed to clients on January 4. The analyst asserted that the benchmark cryptocurrency would likely continue to chip away market share from gold (XAU) in 2022 as cryptocurrency gains more widespread adoption. The […]
Note: This piece was first published in 2014, so some facts in it are out-of-date. However, the truth it passes across is timeless. “If you understand this way of thinking – that by taking smart risks you can make money over time – it will improve your willingness to take risks.” – Bruce Bower What […]
Goldman Sachs has announced via its internal memo seen on CNBC Friday that it has assembled a cryptocurrency trading team. According to the publication, this would be the first time the behemoth investment bank has confirmed a relation with cryptocurrency trading. The memo, titled “Formation of Cryptocurrency Trading Team,” was composed by Rajesh Venkataramani, a […]
