JP Morgan and Goldman Sachs continue to find equities attractive

Frankfurt Recession worries are currently determining what is happening on the stock exchange. There is a broad consensus among economists and investors that the rising interest rates in the capital markets have already largely been processed. However, there are doubts as to whether this also applies to the expected economic weakness.

Because the analysts have only slightly lowered their earnings estimates so far, there are concerns that the recession has not yet been adequately anticipated in the prices. But is this concern justified? A recent study by JP Morgan shows that at least the experts at the US bank now consider the fears to be exaggerated.

They are not alone in this. The analysts at the US bank Goldman Sachs have calculated how the earnings estimates for US stocks would have to change and also come to the conclusion that the broad US index S&P 500 could still have upside potential until the end of the year, so an entry could be worthwhile. The Handelsblatt analyzes both forecasts below.