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Goldman Sachs Jim O'Neill - Sees The Stock Market Momentum Continuing
Posted by: CanadianValue (IP Logged)
Date: March 8, 2013 09:37AM
O'Neill is the Chairman of Goldman Sachs Asset Management and creator of the "BRIC" acronym.
He thinks the valuation of the American stock market has become less attractive, but that the earnings numbers and momentum the market has could continue to propel it higher.
O'Neill thinks that slowly but surely the fiscal picture in the US is getting better.
He thinks that predicting the currency markets right now is tricky because virtually everyone is doing the same thing (significant easing).
Stocks Discussed: GS,