Goldman exhibits stagflation is dangerous for shares, however provides purchasers a strategy to fight it

Goldman exhibits stagflation is dangerous for shares, however provides purchasers a strategy to fight it

[ad_1] Picture by Spencer Platt/Getty Photographs The inventory market might take a giant hit from the brewing stress of stagflation — the mix of financial stagnation and inflation — and traders might fight it by hiding out in firms with increased pricing energy, in keeping with Goldman Sachs. [ad_2] Source

Shares making the largest strikes premarket: Pfizer, Occidental Petroleum, Financial institution of America and extra

Shares making the largest strikes premarket: Pfizer, Occidental Petroleum, Financial institution of America and extra

[ad_1] A syringe is stuffed with a dose of Pfizer’s coronavirus illness (COVID-19) vaccine at a pop-up group vaccination heart on the Gateway World Christian Heart in Valley Stream, New York, U.S., February 23, 2021. Brendan McDermid | Reuters Try the businesses making headlines earlier than the bell: China Evergrande Group — Chinese language property big Evergrande … Read more