Author: Vitaliy Dadalyan

Zero-Growth Year Is Price AMLO Pays for Mexican ‘Transformation’

(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Andres Manuel Lopez Obrador’s first year as president was a lost one for Mexico’s economy. Looking ahead, 2020 may not be much better.Hurt by investor doubts about the government’s policy direction and its own obsession with fiscal austerity, the Mexican economy contracted 0.1% in 2019, its worst result in a decade, according to preliminary data released Thursday.Analysts are quickly scaling back their estimates for this year. They now expect Latin America’s second-largest economy to grow just 1%, down from their 1.8% forecast six months ago, according to a Bloomberg survey. Some are even more pessimistic: Barclays Plc sees growth of just 0.6% and says there may be no domestic catalyst for a rebound any time soon.“Mexico’s economy is going through a sharp slowdown,” said Delia Paredes, a Mexico City-based economist at Grupo...

Goldman Sachs: These 2 Stocks Are Poised to Surge by at Least 35%

Once again, the world is gripped by uncertainty. Fear of an international outbreak of coronavirus, on top of recent worrisome developments between the US and Iran, have spooked investors, sending all three major indexes down over the last week.However, no matter the global outlook, one thing remains certain; investors are still in the game, on the lookout for the best opportunities the market presents. As it happens, if you know where to look, a world teetering precariously on the edge often presents specific investment opportunities.With this in mind, we pulled up two of Goldman Sachs’ recent stock picks which the renowned investment bank thinks can soar in the coming months. Using TipRanks’ Stock Comparison tool, we were able to read the fine print on what 2020 has in store for the two tickers. Let’s take a closer look.Denali Therapeutics Inc. (DNLI)Denali Therapeutics has started off 2020 with a bang. The neurodegenerative...