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Goldman Sachs: India is expected to surpass Britain to become the fifth largest stock market in the world within three years
Goldman Sachs Group believes that the size of the Indian stock market may grow to more than 5 trillion US dollars within three years, surpassing the United Kingdom and becoming the fifth largest stock market in the world. The bank said in a report that so far this year, Indian startups have raised $10 billion through IPOs, more than the past three years combined. Goldman Sachs analysts said that the Indian IPO market is expected to maintain strong momentum in the next two years. According to the bank's analysis, India may have as many as 150 private companies listed in the next three years. They wrote, “We estimate that in the next two to three years, new IPOs may increase the Indian stock market by nearly 400 billion US dollars
European gas soared 250%, and British suppliers faced bankruptcy! The agency suggests the nightmare isn't over yet
Original title: European gas soared 250%, and British suppliers faced bankruptcy! The agency suggests that the nightmare is not over yet. The price of natural gas in Europe has soared 250% so far this year, with the UK being hit particularly hard. Industry insiders have warned that the UK energy sector could face major changes as European countries grapple with an unprecedented crisis in the electricity industry. Unfortunately, both the International Energy Agency and Goldman Sachs predict that gas prices will rise in the future. European gas prices soared, British suppliers faced a bankruptcy crisis as a benchmark for European gas transactions, gas prices at TTF center in the Netherlands
Goldman Sachs warns that the Fed's reduction in debt purchases may cause US stocks to be sold off in the short term
Original title: “Reducing Panic” Repeated? Goldman Sachs warns that the Federal Reserve's reduction in debt purchases may cause US stocks to be sold off in the short term Source: FX168 Famous investment bank Goldman Sachs (Goldman Sachs) believes that the Federal Reserve (FED) suggests that its intention to reduce asset purchase plans may cause the US stock market to suffer a short-term sell-off. Goldman Sachs said the Federal Reserve may lay the foundation for scaling down asset purchases at the September meeting before advancing the plan in early 2022. Goldman Sachs expects the Federal Reserve to cut asset purchases of $10 billion worth of treasury bonds and $5 billion of mortgage-backed securities every month. 20
Worthy of being a “stock god”! Buffett earned $8 billion by investing in American Express alone this year
Original title: Worthy of being a “stock god”! Buffett earned 8 billion dollars by investing in American Express alone this year Source: Berkshire Hathaway (Berkshire Hathaway), a subsidiary of “FX168 stock god” Warren Buffett (Warren Buffett), received $8 billion in revenue from American Express (American Express) this year. Since investing in this financial services company began in 1994, total revenue has reached nearly $25 billion. According to the well-known financial website “Business Inside” (Business Inside)
Institutional analysis: The hawkish Federal Reserve dampened cyclical stock appeal, and the Japanese stock market plummeted
Japanese stocks are poised to record their biggest decline in nearly four months today, as hawkish remarks by the Federal Reserve suppressed the inflationary trade that drove the stock market up earlier this year. The Nikkei 225 Index fell for the fourth day in a row. At one point, the decline was as high as 4%, while the Eastern Stock Index fell 2.8%. The Nikkei 225 Index soared 82% from the sell-off low caused by the pandemic in February this year to a 30-year high. As investors expected the Japanese economy to reopen, they poured into the Japanese stock market with severe cycles. Currently, this blue-chip index has fallen more than 8% from its peak level. Maekawa, asset management strategist at J.P. Morgan Chase, said, “Yields are falling in a safe haven environment
Draghi called for more stimulus measures to surpass the pre-pandemic economic growth trend
Italian Prime Minister Mario Draghi said policymakers should be content to return economic growth to the level before the COVID-19 outbreak, adding that even achieving this smaller goal would require more stimulus measures. “Our goal must be to get economic activity back at least back on track before the pandemic,” the former ECB president said in a speech in Barcelona on Friday. “We won't be able to achieve this goal without extra effort. Therefore, we must act quickly and effectively.” Draghi said that after protecting businesses from bankruptcy and workers from unemployment, the government should now focus on supporting demand. “I
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