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US Economy Is a Safer Bet Than ‘Dire’ Europe, Goldman Strategists Say

  • US companies focused on domestic sales to drive performance
  • Strategists also highlight quality, value and dividend stocks
Bloomberg business news
US Inflation Has Peaked, Says Goldman Sachs’s Moe

US firms that do most of their business at home will fare better than those exposed to Europe, where a recession is all but guaranteed, according to Goldman Sachs Group Inc. strategists.

A Goldman team led by David Kostin say that while the path of US growth may be “uncertain,” the economic situation in Europe is dire.