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Lucinda Shen
Aug 1, 2016 10:01 AM
The stock market and investors have gotten fat and happy. Goldman’s cautious call may seem odd now. In the past few week, investors have tamed their Brexit-related economic fears, and stocks and markets have roared back after their initial plunge. The reason, in part: Everyone is anticipating lower interest rates, and therefore are willing to put their money in riskier assets, the Goldman analysts, led by Christian Mueller-Glissmann, wrote.
10 Fresh Concerns About the Stock Market From Goldman Sachs
jon_c._ogg
Aug 1, 2016 9:05 AM
Goldman Sachs Group Inc. (NYSE: GS) is often considered to be the most influential brokerage firm on Wall Street. After all, it almost exclusively caters to the wealthy investors and institutions, outside of its retirement asset and money management operations. So should investors be concerned when the mighty firm has downgraded its weightings for equities? Goldman Sachs lowered its equity weighting to Underweight for the next three months. 24/7 Wall St. would point out that there are effectively 10 points that matter here for equity investors. There is no assurance that Goldman Sachs is correct in its views. Note that Goldman Sachs still has many individual stocks with Buy ratings。 |
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