Goldman Sachs Predicts American Households Will Pour $425,000,000,000 Into Stock Market This Year: Report

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Banking giant Goldman Sachs says that US households will continue to pump money into the stock market this year, remaining the main buyer of equities. In a note seen by Bloomberg , Goldman analysts led by David Kostin say they expect American households to directly purchase $425 billion worth of US equities this year. In doing so, households would trail only corporations, which the bank predicts will buy $675 billion, as the top sources of stock demand. Goldman partially bases the forecast on th...