Goldman cuts recession odds: Monday's market previews
It's a new week for markets, now back in rally mode, bringing fresh news to digest. Here’s what Yahoo Finance Executive Editor Brian Sozzi is watching on his Opening Bid podcast.
First up, Goldman Sachs is walking back its fears of a recession after a week of strong economic data. Meanwhile, EvercoreISI says McDonald’s (MCD) stock could put on weight in 2025 as executives bulk up the menu with new products. Lastly, one former CEO is calling out Chipotle (CMG) for a huge mistake as its well-regarded CEO Brian Niccol heads out the door to Starbucks (SBUX).
Watch the video above to get all the details ahead of Monday's market open.