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Rising interest rates, economic slowdown and higher unemployment will drive U.S. households to sell more stocks in 2023: Goldman Sachs

Por: MarketWatch Business October 03, 2022

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Economists at Goldman forecast that GDP growth will slow to 0.9% in 2023 from 1.6% in 2022, while the unemployment rate will increase to 4% from 3.6%. See: While households have been the largest group of buyers of roughly $63 trillion U.S. equities market since 2020, according to the Goldman team using Fed data, their purchasing demand turned slightly lower in the second quarter of 2022. That decline, along with falling equity prices, led to a... + full article



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