US Corporate Profits in 2024 Forecast to Exceed Expectations on Strong Economy and Interest Rate Cuts, Says Goldman Sachs
Goldman Sachs Group Inc. strategists said. that US corporate profits in 2024 could exceed current forecasts, driven by a strong economy and Federal Reserve interest rate cuts. A team led by David Kostin, the bank’s chief equity strategist in the United States, predicted in a weekly research report that S&P 500 earnings per share will […]