Investing.com investing.com 11 Jan, 2021 16:00 am

Goldman Managers Say Buy U.S. Stocks Despite Dot-Com Valuations By Bloomberg

Goldman Managers Say Buy U.S. Stocks Despite Dot-Com Valuations By Bloomberg
Goldman Managers Say Buy U.S. Stocks Despite Dot-Com Valuations

France stocks lower at close of trade; CAC 40 down 0.com – France stocks were lower after the close on Monday, as losses in the Foods & Drugs, Gas & Water and General Financial sectors led shares lower.Denmark stocks lower at close of trade; OMX Copenhagen 20 down 0.com – Denmark stocks were lower after the close on Monday, as losses in the Oil & Gas, Financials and Technology sectors led shares lower.

may trade at a discount to the S&P 500, but Goldman’s strategists say valuation concerns are no reason to overweight European or emerging-market stocks which have inferior earnings potential.Another reason to overweight equities: Goldman projects negative returns for Treasuries in 2021 thanks to the global economic recovery, already low rates and stimulus measures.

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