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Rising interest rates, economic slowdown and higher unemployment will drive U.S. households to sell more stocks in 2023: Goldman Sachs

Rising interest rates, economic slowdown and higher unemployment will drive U.S. households to sell more stocks in 2023: Goldman Sachs

U.S. households, the largest buyer of equities since 2020, are expected to sell more stocks in 2023 due to slowing growth in the economy and rising unemployment, according to Goldman Sachs strategists.