Expects

Goldman Warns Of "Short Term Indigestion" In Stocks, Expects European Double-Dip On Mutant Virus Surge

The global economy – or at least the US-Europe axis – is about to decouple according to Goldman. Just days after Goldman Sachs chief economist Jan Hatzius raised his US GDP forecast for 2021 from 3.9% to 6.4% on the back of expectations for much more aggressive stimulus rollouts from the Biden administration which Goldman…

Goldman Expects Dems To Pass New $750BN Stimulus Next Month, Sending Economy Into Overdrive

Now that a “blue sweep” of Congress is reality, Wall Street has thrown out their existing market and economic forecasts and gone back to the drawing board to account for billions more in imminent stimulus. Not surprisingly, the first to publish a new and improved projection deck was Goldman which overnight said it had revised…

Bank Of America Expects 1.1BN People Will Be Vaccinated For COVID By Late 2020

If 2020 has been a year to remember, then it has also been a year filled with surprises, where nothing really worked out like investors had anticipated. Following one of the fastest wipeouts in modern history, markets around the world have rebounded and according to Bank of America, global equity market cap has topped $100TN,…

Top Retail Group Expects 150 Million Shoppers On "Super Saturday"

Retail stocks caught a slight bid premarket Friday following a report from the National Retail Federation (NRF) that said over 150 million American shoppers could buy holiday gifts in stores or online on the last Saturday before Christmas, otherwise known as “Super Saturday,” up by more than 2 million from last year, reported Reuters.  “Consumers have…

AstraZeneca COVID-19 Vaccine 70% Effective, UK Expects Millions Of Doses By Year’s End

Continuing the pattern of leading COVID-19 vaccine projects releasing their Phase 3 trial results on Monday, AstraZeneca has just revealed that its vaccine – which, unlike the Moderna and Pfizer vaccines, relies on the more traditional adenovirus vector approach – is 70% effective at preventing the coronavirus. The results follow last week’s release of the…