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Goldman Sachs just downgraded these 3 European sectors
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4 Articles
While Goldman Sachs is not overly optimistic about stocks, it expects a big drop in natural gas and oil prices on the old continent.
It slows down the rise in energy costs and interest rates. In an "outlook" for 2027, the bank notes that European es remain cheaper than in the US, but offer lower returns, being a good reflection of AI volatility.
·Porto, Portugal
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Goldman Sachs just downgraded these 3 European sectors
Investing.com -- Goldman Sachs downgraded European Energy, Insurance and Banks in its 2027 outlook, arguing that lower oil and gas prices and falling bond yields should shift leadership toward growth areas of the market. The bank cut Energy and Insurance to Underweight from Neutral and Banks to…
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