Goldman Sachs strategists upgraded global equities to overweight for the next three months and bonds to overweight over 12 months, citing strong earnings and limited recession risk. They expect nearly 30% year-over-year growth in S&P 500 earnings in the third quarter, while recent declines have improved stock valuations.
Updates on this story
Goldman Sachs leads big bank earnings with a ~30% EPS beat.
Goldman Sachs CEO: Health of the US economy remains solid $GS.confirmed
Dow jumps on strong Goldman Sachs earnings; tech stocks under pressure.
Bank earnings today: Here's who missed estimates and who beat them.
$C Citigroup Q3 2026 Earnings EPS $2.85 Revenue $23.85B, est. $23.72B Markets Revenue $6.11B, est. $6.04B FICC Sales & Trading Revenue $4.39B, est. $4.26B Equities Sales & Trading Revenue $1.73B, est. $1.confirmed
Read the full article on marketwatch.com
