GgoogleAU first seen 17 h ago, last 12 h ago, peak #1

Goldman Sachs economist urges spending cuts as bond yields climb

Original: goldman

Goldman Sachs is in the news from several angles. Strategist TimToo big—stick to facts: Goldman strategist calling for spending cuts as government bond yields and borrowing costs rise, and an analysis suggesting Goldman Sachs Group stock could be undervalued by around 21% amid focus on bond issuance. The bank is also reported as bullish on Stagwell while staying cautious on Havas over growth prospects.

Why now: Rising bond yields and government borrowing costs have put Goldman's spending-cut call and valuation in the spotlight.

Goldman Sachs Tim Gutman Stagwell Havas

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Evidence

Goldman Sachs Group (GS) Could Be 21% Undervalued As Bond Issuance Draws Focus · Simply Wall Street
Why Is NU Stock Surging Nearly 9% In Overnight Trading? · TradingView
Goldman bullish on Stagwell, cautious on Havas over growth prospects By Investing.com · Investing.com Australia
Why Is CBRS Stock Jumping 7% In Overnight Trading? · Stocktwits
Why Is NU Stock Surging Nearly 9% In Overnight Trading? · TradingView
Goldman’s Gutman Calls for Spending Cuts to Curb Rising Bond Costs · www.tokenpost.com
Goldman Sachs executive calls for spending cuts as bond yields rise · Traders Union

Elsewhere

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