Market Overview

Goldman's Global Leading Indicator Struggles To Signal Expansion

Share:
Related GS
Plaid, The Middleman Between Banks And Fintech Startups, Raises $250M
New Addition To Even Financial Leadership Looks To Make API Expansion A Priority
Bank stocks decline is oversold, says Deutsche Bank (Seeking Alpha)

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 2018Credit SuisseMaintainsOutperformOutperform
Nov 2018Bank of AmericaDowngradesBuyNeutral
Nov 2018Morgan StanleyDowngradesOverweightEqual-Weight

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!

Latest Ratings

StockFirmActionPT
TVPTImperial CapitalDowngrades15.8
ACORGoldman SachsDowngrades10.0
APTIJefferiesDowngrades38.0
BCOVB. Riley FBRUpgrades12.0
CAMPFirst AnalysisDowngrades22.0
View the Latest Analytics Ratings
Don't Miss Out!
Join Our Newsletter
Subscribe to:
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
Your weekly roundup of hot topics in the exciting world of fintech.
Thank You
for registering for Benzinga’s newsletters and alerts.
• The Daily Analysts Ratings email will be received daily between 7am and 10am.
• The Market in 5 Minutes email will be received daily between 7am and 8am.
• The Fintech Focus email will be received every Friday between 2pm and 5pm.

Sprint Posts Q2 Miss, To Cut 2,000 Additional Jobs

RetailMeNot Falls On Weak Q4 Guidance