Goldman Sachs strategists warn that stocks are far from bottoming

I know that predictions are often a rather speculative topic, as they are often words thrown into the wind that are not backed up by anything. In this case, however, I was inspired by a cautionary prediction by the giant Goldman Sachs, which also backs up its words with indicators and historical examples, which I found interesting and would like to share with you. In short, Goldman expects more 'pain' and downturns, but they back up their arguments.

Goldman Sachs $GS

Goldman Sachs is a global investment banking firm that does securities management, investment banking, investment management and other financial services business, primarily with institutional clients. Goldman Sachs was founded in 1869, making it a very experienced bank that has been through a lot.

  • Global equities are experiencing their worst run since the European debt crisis a decade ago, and Goldman Sachs strategists are among those warning that a further fall in equities is possible.
  • To begin with, I need to introduce one…

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