Fed now seen more likely to keep rates on hold in March- CME Fedwatch

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Margins will be the key driver of S&P 500 ROE in 2024 - Goldman

January 22, 2024 8:04 AM EST

Goldman Sachs strategists anticipate a favorable outlook for the S&P 500's return on equity (ROE) in 2024, driven by potential improvements in profit margins.

The team, led by David Kostin, foresees a slight expansion in ROE, primarily attributed to enhancements in EBIT (earnings before interest and taxes)... More