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Finance & Markets

Goldman’s Moe Sees 80% Upside for Korean Stocks on Memory Boom

A Goldman Sachs Group Inc. strategist is standing by his bullish target for South Korean stocks, saying investors underestimate how long the AI boost for the nation’s memory chipmakers will last.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

What will the midterms do to stocks?

I have noted repeatedly that Michael Hartnett at BofA, the most famous asset strategist on the planet, has a blind spot when it comes to geopolitics. Today we get another dose.

  • Midterms may not significantly alter US government spending
  • Fiscal excess expected to continue, leading to nominal GDP boom
  • Democratic sweep in midterms unlikely due to challenging Senate map

More from Sunday 6 September →