Lower Oil Prices Will Boost S&P 500 Earnings, Hurt Capex: Goldman
- npatel81
- Jan 12, 2015
- 1 min read
A January 9th report from Goldman Sachs Portfolio Strategy Research argues that while increased consumer spending due to lower oil prices alone will not compensate for the overall drag on earnings from the energy sector, when you add in reduced production costs you will see an overall boost to major index earnings. In the introduction […]
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