GS: Is A 20 Percent S&P 500 Drawdown On The Horizon?Rupert Hargreaves
Drawdown ahead? With the S&P 500 getting close to all-time highs, investors are being forced up the risk curve and taking on more risk despite deteriorating growth fundamentals -- that’s according to an investing strategy research note published by Goldman Sachs this week.
While Goldman believes that equities will remain stuck in a ‘fat and flat’-range (low returns, high volatility) for the foreseeable future until there is a significant economic development, the bank’s research analysts . . .
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