Apple will reportedly start building an EV with a 'breakthrough' battery in 2024 [Yahoo! Finance News]
Lordstown Motors Corp. - Class A (RIDE)
Company Research
Source: Yahoo! Finance News
After a true annus horribilus, we’re all ready for better times. The US equity strategy team at man Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 202 Kostin lays out four clear reasons for believing that we’re at the start of another prolonged bull run. First, he notes the generally improving economic conditions; second, he points out corporate earnings growth; third, are the historically low interest rates, as the Fed sticks to its near-zero rate policy; and finally, there’s TINA, or ‘there is no alternative.’ Stocks are entering a virtuous circle, Kostin believes, as they offer the highest returns available for now.In a recent interview, man’s chief equity strategist said of these points, “That's the story, it's about an economy that's getting better, coming off the pandemic, and generally
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