Market Overview

Goldman's Global Leading Indicator Struggles To Signal Expansion

Share:
Related GS
The Big Bank Q4 Earnings Roundup: Tax Charges Drag Bottom Lines
Visible Alpha, A Benzinga Fintech Award Alumni, Announces $38 Million Funding Round
US Market Indexes Gain on Monday (GuruFocus)

Goldman Sachs just released some fresh commentary on the Global Leading Indicator (GLI). Goldman's GLI has been struggling to definitively break into the expansion zone.

Back in July, Benzinga noted Goldman's GLI was "still stuck" waiting on expansion.

In the note, Goldman highlighted the potential expansion but says "it is important to emphasize that the change in growth is very small, and is likely more indicative of a stable macro environment, rather than one where growth is ramping up again."

Data looks stronger in the U.S. when compared to the rest of the world but impact from the China and EU slowdowns will put downward pressure on the American economy

Latest Ratings for GS

DateFirmActionFromTo
Dec 2017Vertical GroupUpgradesHoldBuy
Nov 2017Vertical GroupDowngradesHoldSell
Oct 2017BuckinghamMaintainsNeutral

View More Analyst Ratings for GS
View the Latest Analyst Ratings

Posted-In: Global Leading Indicator Goldman SachsAnalyst Color Analyst Ratings

 

Related Articles (GS)

View Comments and Join the Discussion!