The investment bank Goldman Sachs issued a report on Thursday (4th) that the Pomeranian stock market is still in its early stages and has a chance to see long-term gains again.
Peter Oppenheimer, chief global equity strategist at Goldman Sachs, said that with the emergence of strong profit growth, U.S. stocks are expected to be in the early stages of a new bull market, and the market has just moved from the “hope” stage (usually starting in a recession and caused by rising valuations). Transition to a longer “growth” phase.
The report believes that since the lowest point in March 2020, the stock market’s rebound is stronger than the average gain in the bear market.
Oppenheimer pointed out that, stimulated by the substantial easing of monetary and fiscal policies, it is expected to bring about a strong recovery. The growth of optimism and the rapid rise of investors’ positions have made it easier for stocks to correct, but this shows that this is a new cycle. And the beginning of a new stock bull market.
The report believes that the government’s strong economic stimulus measures may bring about the worst inflation environment since the financial crisis. However, from the perspective of the stock market, it will promote the bull market in the next few months and will also have an important impact on market leadership.
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