Goldman Strategist Sees Weaker Stock Prices Despite Higher Earnings
June 21, 2018 at 13:00 PM EDT
Multinational investment bank Goldman Sachs estimates full-year corporate earnings in 2018 to be $159 per share, which equates to $9 more than their original earnings forecast–a result of faster-than-expected economic growth. Despite this optimism in earnings, Goldman Sachs Chief U.S. Equity...