TOKYO / WAM The Japanese government approved a plan to enhance the disaster resilience of ...
Read More »Goldman, Bernstein strategists say stocks rally can fizzle out
Bloomberg The recent brisk rebound in equity markets won’t last as the macroeconomic data continue to deteriorate and earnings forecasts are being slashed, strategists at Goldman Sachs Group Inc. and Sanford C Bernstein warn. “Without clear signs of a positive shift in macro momentum, temporary re-risking could actually increase risks of another leg lower in the market rather than ...
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