2 min read.Updated: 04 Aug 2022, 02:41 PM ISTBloomberg
European and US stock markets in July posted their biggest monthly gains since 2020
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The recent brisk rebound in equity markets won’t last as the macroeconomic data continue to deteriorate and earnings forecasts are being slashed, strategists at Goldman Sachs Group Inc. and Sanford C. Bernstein warn.
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