Bull Market Should Run Another 3 Years: Goldman

Goldman Sachs says the bull market in U.S. stocks should continue for another three years. In its latest market outlook, Chief U.S. Equity Strategist David Kostin is forecasting a 15% gain in the S&P 500 over that period with a target of 3,100 by the end of 2020 and a 7% gain in the index this… Please follow and like us:

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Automation Growth Just Starting As Our Robot Overlords Further Integrate Into Every Day Life

When Sanford Bernstein’s Jay Huang looks back at 2017, he doesn’t see the oddest political wrangling accompanied by surreal market environments. He appears more awed by the pace of automation trends, particularly integrating into human business processes. There is no cliff for automation stocks, he asserts in a January 4 report on Asian Industrial Technology. There… Please follow and like us:

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Navy Begs For Two-Year Budget (Not 2 Weeks)

Richard Spencer, Navy Secretary, at the Newseum WASHINGTON: Congress should strike a budget deal to fund the federal government for at least two years, the Secretary of the Navy said today. The armed forces and defense industry need at least 24 months of predictable, stable funding so they can make investments and operate efficiently, Richard Spencer… Please follow and like us:

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Global Composite PMI Growth Implies US GDP Pick Up

Global Composite PMI Growth points to strong US GDP numbers While some economists are speculating that Donald Trump’s lack of action on key issues such as tax and health care reform will stall US economic growth, analysts at Deutsche Bank believe these concerns are unfounded. In a research note sent to clients at the end of… Please follow and like us:

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