Goldman Sachs Cautiously Optimistic About Stock Market Rally Despite Emerging Risks Despite recent downturns in the U.S. stock market, optimism remains high among investors, particularly regarding corporate earnings. According to a Bloomberg survey of 409 participants, nearly two-thirds express confidence that forthcoming corporate results will bolster the S&P 500 index—an optimism level not seen since the question was first posed in October 2022. Goldman Sachs strategists Dominic Wilson and Kamakshya Trivedi have described the situation as “paradise postponed,” acknowledging emerging near-term risks to stocks, which they believe are concerning but not disastrous. Throughout the year, they have maintained a relatively positive outlook on the impact of the Federal Reserve’s decision not to cut interest rates this year. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Global PMI Data Shows Persistent Price Inflation in May READ MORE Federal Reserve's Anticipated Moves and Corporate Earnings Drive Market Watch READ MORE Gold Prices Dip as U.S. Recession Concerns Ease, Dollar Strengthens READ MORE US Business Activity Slows, Marking Weakest Growth in Four Months READ MORE Gold Dips as Fed Signals Only One Rate Cut for 2024 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment