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2023 will be the year where international stocks outperform their U.S. peers as the economic outlook in China and Europe looks less dire, according to Goldman Sachs. The forecast followed recent developments that the sudden reversal of China's zero Covid policy prompted the country to reopen more swiftly than expected. The better outlook in China in turn is expected to boost output in Euro area, Goldman said. Meanwhile, a milder-than-feared winter in Europe has diminished gas demand and pushed prices below pre-war levels, the firm said. |
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Here are more of today's top stories, exclusively for CNBC Pro subscribers! Here are Monday's biggest analyst calls: Tesla, Meta, Qualcomm, Zoom, Apple, Costco, Wayfair & more
MON, JANUARY 23 2023 These stocks are cheap compared to the S&P 500 and are expected to see big earnings growth in 2023 SUN, JANUARY 22 2023 Analysts love these stocks that are flush with cash — giving one over 75% upside
MON, JANUARY 23 2023 Alphabet or Microsoft? Analysts predict which stock will come out on top MON, JANUARY 23 2023 Earnings playbook: What investors can expect out of Tesla, Microsoft and Boeing
SUN, JANUARY 22 2023 Wall Street likes software stocks for the long term. Here are top picks from Goldman, Citi and more MON, JANUARY 23 2023 |
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