Company tax hike may hit earnings development in 2022: Goldman’s Kostin
David Kostin, Goldman Sachs chief U.S. fairness strategist, speaks throughout an interview with CNBC on the ground of the New York Inventory Trade, July 11, 2018.
Brendan McDermid | Reuters
President Joe Biden’s proposed tax improve would take a significant chunk out of the earnings numbers that traders are specializing in proper now, in line with Goldman Sachs’ David Kostin.
The agency’s chief U.S. fairness strategist mentioned on “Squawk on the Road” that his shoppers are speaking about company earnings in 2022, the place there may be a variety of development outcomes primarily based on the trail of company taxes.
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