Goldman added these global stocks to its conviction list

Goldman added these global stocks to its conviction list

Goldman Sachs has refreshed its lists of top global stock picks, adding some and removing others. The stocks are featured in the investment bank’s “Conviction List – Directors’ Cut,” which it says offers a “curated and active” list of buy-rated stocks. They are selected by a subcommittee in each region which “collaborate with each sector … Read more

With a stagnant PPI, the Fed’s near the finish line

With a stagnant PPI, the Fed’s near the finish line

Jerome Powell, chairman of the US Federal Reserve, during the National Association of Business Economics (NABE) annual meeting in Nashville, Tennessee, US, on Monday, Sept. 30, 2024.  Seth Herald | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on … Read more

MOF press conference; China CPI, PPI; China trade data

MOF press conference; China CPI, PPI; China trade data

“China’s growth recovery and north Asia’s earnings rebound in 2024 remain our key investment themes and overweight areas,” Goldman Sachs’ strategists, led by Timothy Moe, wrote in a Saturday note. Vcg | Visual China Group | Getty Images Asia-Pacific markets opened higher Monday, as investors assessed China’s weekend press briefing and awaited a slew of … Read more