UBS Group: The surge of Wall Street panic indicators provides opportunities for market entry.

While traders are at a loss due to this week's stock market crash, Solita Marcelli from UBS Group remains bullish on the US stocks' upward trend in the next few months. The chief investment officer of the bank's wealth management department stated that recent market volatility has not weakened her view on the 2024 stock market fundamentals. She pointed out that with the Fed's imminent first rate cut and a stable economic growth, the S&P 500 index is expected to rise by an average of about 17% in the 12 months after the central bank begins to relax its policies. For this reason, Solita Marcelli said, "I believe the market will..."

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Express News | Goldman Sachs BDC, Inc. Reports June 30, 2024 Financial Results and Announces Quarterly Dividend of $0.45 per Share

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This is one of the most popular businesses of Goldman Sachs, planning to double its size in five years, and opening up for some customers for the first time.

Asset-backed loans are one of Goldman Sachs' most popular businesses. According to media reports, the main cooperating customers are insurance companies, as these companies have a high demand for investing in such low-risk debts. Goldman Sachs plans to double its private credit asset management assets in the next five years, reaching $300 billion.

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