Goldman Sachs has made a positive outlook for stock market growth in 2021. In his message it is said that at the beginning of this year there was a decrease in the return on capital. But once revenue returns, margins are expected to rise. According to Goldman, the net margin is expected to rise to 10.9% in 2021. His forecast is based on the expectation of strong GDP growth. And also in the case when companies reduce costs and automate production.
As for JPMorgan's forecast, it is still optimistic. The bank believes that in October and November this year the stock market will be in decline. This is due to the low chances of a COVID-19 vaccine entering the market. As well as the UK's exit from the EU, non-payments on mortgages, bankruptcy, aggravation of trade disputes between the US and China. All these processes can negatively affect the stock market.
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