Americans are still battling with the higher pries caused by inflation. The Federal Reserve's job is to help curb that inflation, but these levels haven't been seen in quite some time. Truist Chief Market Strategist Keith Lerner joins Yahoo Finance to discuss how the central bank still has work to do to accomplish its mission Lerner explains that the Fed has been forced to shift their strategy, saying "this is the first time they've [the Federal Reserve] had to deal with inflation for over 20 years, they're going to be much more gradual in shift in their position, we saw that reflected in the statement from yesterday." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
In the latest trading session, Goldman Sachs BDC (GSBD) closed at $14.90, marking a -1.06% move from the previous day.
The average brokerage recommendation (ABR) for Goldman (GS) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?