Goldman Sachs outlined the main threats to stock market
The stock market may fall due to the presence of risks, warn at Goldman Sachs. According to the main Bank's strategist for the stock market David Kostin, you can identify four main risks that threaten the S&P 500. To them include the protraction of the conflict between the United States and Iran, inconsistency between the growth rates of the world economy and forecasts, a sharp rise in bond yields and a strengthening dollar. The prolongation of the US-Iranian conflict will increase uncertainty that will adversely affect the market shares, Kostin believes. Significant growth in profitability bonds can also cause the market to fall, since their low profitability encourages investors to pay attention to the stock. A stronger dollar would lead to a decrease in revenue S&P 500 companies, but this year the bank's experts expect its exchange rate to decline and hope that the American the authorities will not allow it to be over-strengthened. US GDP growth forecasted at 2.2%, but analysts are encouraged fear of a sharp decline in the ISM manufacturing index, which reached a minimum in 11 years.