Some analysts say last night rally is due to Goldman Sachs...

  1. Gangster
    1,408 Posts.
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    13/06/23
    09:08
    Post #: 68251929
    Some analysts say last night rally is due to Goldman Sachs slashing crude oil price forecast to $86 from $95 bbl plus a GS analyst bumped up the year end price for benchmark S & P to 4500 from prior view of 4000

    Morgan Stanley disagrees and predicts an ongoing bear market and that a Fed pause may awaken the bear as liquidity headwinds ramp up

    Who knows?

    I’m siding with MS

    Gl
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