 "The Goldman Sachs logo is displayed on a post above the floor of the New York Stock Exchange")
The market rally that started in March 2020 after hitting their lowest point in calendar year 2020 has more legs, believe analysts at Goldman Sachs, who do caution that there could be intermittent corrections along the way.
Markets, Goldman Sachs says, are in the first phase of a new investment cycle, which it calls a ‘Hope’ phase, following a deep recession. Investors, it says, start to anticipate a recovery in this phase and is typically the strongest part of the cycle.
“That is what we have been seeing this year. The main triggers for the rebound, in our view, were
