Goldman Sachs: U.S. market still looks 'solid'
Bloomberg · New
Bloomberg
New
Peter Oppenheimer, chief global equity strategist at Goldman Sachs, offers his view of the U.S. equity market and sees a "growing opportunity set to diversify into other markets" with cheaper valuations and improving fundamentals.
Breakdown
- Goldman Sachs' Peter Oppenheimer says U.S. market fundamentals remain solid.
- Valuation premiums for U.S. equities are increasingly difficult to justify. 6s
- Oppenheimer does not expect a recession and sees a benign environment for equities. 35s
- U.S. market is highly concentrated in large tech stocks, with less market breadth. 42s
- There are growing opportunities to diversify into non-U.S. markets with cheaper valuations and improving fundamentals. 57s