Goldman overweight stocks + bonds: Q3 EPS pace is ~1.7x its own 2027 outlook
Goldman Sachs on Monday upgraded global equities to overweight for the next 3 months and bonds for the next 12, citing resilient earnings into Q3 reports.
FactSet expects nearly 30% year-over-year S&P 500 earnings growth this quarter. Goldman's own 2027 outlook is about 18% EPS growth (ex other income). So this quarter's YoY print is running ~1.7x that full-year pace.
They're buying both sides of the 60/40 again.
https://www.cnbc.com/2026/10/12/goldman-sachs-stocks-bonds-outlook.html
Sources: Business Insider: Goldman Goldilocks note; ~18% S&P EPS growth in 2027 ex other income · @DeItaone: Goldman overweight stocks 3mo and bonds 12mo; nearly 30% YoY S&P earnings growth · @unusual_whales: Goldman Sachs has said it is bullish on stocks · X story: Goldman Sachs Turns Bullish on Stocks and Bonds Amid Strong Earnings Outlook
Not financial advice. For informational and educational purposes only.
$DECK daily pick: sell Dec 18 $75 put (buy-side)
$DECK: I'm selling the Dec 18 $75 put and getting paid to wait on the @hoka and @UGG owner. As of Friday's close ($81.09, markets are closed today): 19% below the 200-day and 34% off the February high Credit $1.90 for ~2.5% in 54 days (~17% annualized) Breakeven $73.10, about 10% below Friday About 10.5x this fiscal year's EPS estimate…
S&P 500 up after all 19 midterms since 1950; at a 70% base rate that streak is roughly 1 in 880
With US midterms on November 3, traders are sharing the stat that the S&P 500 rose in the 12 months after all 19…
S&P Global US Manufacturing PMI hits 56.0 in October, beating the 55.5 consensus by half a point
US manufacturing PMI hit 56.0 in October, the highest since May 2022. The Street expected a dip. Factory hiring was…
Energy Leads Alone as Defensives Lag
Energy led all sectors at +2.60%, more than five times the next-best gain in Information Technology (+0.49%), while eight of eleven sectors finished negative.
Energy returned +2.60% in Friday's session, the largest gain among all tracked sectors and more than five times the next-best, Information Technology at +0.49%. Only three of eleven sectors finished positive, with Real Estate barely in the green at +0.12%. The narrowness…