Daily Market Update – Monday, February 6, 2023
The global financial market was in a state of flux last Friday, as the release of the U.S. jobs report sparked a chain of events that sent ripples through various asset classes. The report showed a significant increase in non-farm payrolls (NFP), which in turn renewed concerns that the Federal Reserve may remain aggressive in […]
Goldman Sachs Raises 3-Month S&P Target to 4,000: A Comprehensive Analysis
The recent increase in Goldman Sachs’ 3-month S&P target from 3,600 to 4,000 has taken the financial world by storm. This change in tune has been driven by an improvement in the U.S. and global macro data, leading to a decline in yields and thus an 8% increase in the Portfolio Strategy Research Group’s tactical […]