Sammer warns: Trump's policies will push up inflation, seriously damaging the US economy

Former US Treasury Secretary Lawrence Summers predicts that a second term for Trump could cause serious damage to the US economy. He warns that the economic policies proposed by Trump could trigger more severe inflation shocks than those recently experienced. In a recent interview, Summers emphasized two major concerns regarding the Trump administration's proposed economic agenda: large-scale demand-side stimulus and significant supply-side disruptions. Key components include extensive tax cuts, potential budget deficit expansion, and comprehensive tariff implementation. Summers said, "If these plans are actually implemented, I have no doubt that Trump's plans will stimulate inflation."

环球市场播报01:46 ET

Goldman Sachs: Maintains a 'Sell' rating on Man Wah Hldgs, with target price raised to 5.3 Hong Kong dollars.

Goldman Sachs released a research report stating that it slightly raised the target price of Man Wah Holdings (01999) by 1.9%, from 5.2 Hong Kong dollars to 5.3 Hong Kong dollars, with a rating of "sell". Goldman Sachs lowered its earnings forecast for Man Wah Holdings for 2025-2027 by 1%, mainly based on: 1) the latest performance; 2) domestic growth falling short of expectations; 3) faster-than-expected growth in Europe; 4) Goldman Sachs maintaining a cautious outlook on profit margins. Goldman Sachs believes that the management is candid about the difficulties ahead, including weak domestic market demand, sales prices/pressure on same-store sales, but they remain confident in the European market. Goldman Sachs

新浪港股23:28 ET

HSBC: Goldman Sachs (GS.US) and Morgan Stanley (MS.US) stocks lack attractive risk-reward.

HSBC analysts stated that the stocks of Goldman Sachs and Morgan Stanley show "unattractive risk-return" after the recent rise in bank stocks.

Zhitong Finance20:46 ET

HSBC Downgrades Goldman Sachs(GS.US) to Hold Rating

Moomoo News16:31 ET · Ratings

Barclays is bullish on the s&p 500 index, expecting it to rise to 6600 points by the end of next year.

Barclays strategist believes that the USA stock market will continue to rise in 2025 under constructive allocation and robust macroeconomic support, despite a slowdown compared to the momentum of this year and last year. The team led by Venu Krishna has raised the target price of the s&p 500 index at the end of next year from 6500 points to 6600 points, about 10% higher than the Monday level. The strategists believe that Wall Street may underestimate the continued strength of large technology companies and overestimate the returns of other s&p 500 index components. Krishna wrote that the guidance for large technology companies is improving, while throughout the cycle they

Global Market Bulletin12:32 ET

S&P 500, Dow Hit Records Right After Open | Live Stock

Kevin TraversNov 25 10:00 ET