Sharon Bell, a senior strategist at Goldman Sachs, has shared her favorite sectors after this week’s market madness.
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Goldman strategist: This sector has been ‘unduly’ punished and could be a buy right now
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U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago
The U.S. Department of the Treasury building is seen in Washington, D.C., Jan. 19, 2023. Saul Loeb | Afp | Getty Images The U.S. government drifted further into red ink during May, with a burgeoning debt and deficit issue getting worse, the Treasury Department reported Wednesday. After running a short-lived surplus in April thanks to […]
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A bullish breakout in this little-known pharma stock is forming, charts show
Out of a universe of more than 10,000 tradable names, a strict technical screen we run at CappThesis recently surfaced just six stocks worth a closer look. One of them is Royalty Pharma (RPRX) , and we think the chart deserves our attention right now. There are four key reasons why RPRX stands out: 1. […]
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Gold is now the world’s second-largest reserve asset — but central bank appetite is waning
An employee arranges gold bars at the Italpreziosi SpA precious metals refinery plant in Arezzo, Italy, on Tuesday, May 6, 2025. Bloomberg | Bloomberg | Getty Images Central banks’ growing appetite for gold meant that the precious metal was the second-largest global reserve asset in 2024, according to a European Central Bank report out Wednesday […]
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