Rejoice income investors, the global quest for equity yield may be coming to an end, says a recent research report from Goldman Sachs. And in this environment investors should stay long emerging market crude importers and the euro/U.S. dollar currency pair. Goldman Sachs: easy central bank policy has made risk assets vulnerable to sharp rises in interest rates If it were not for the recent bond market sell-off, yields would have remained at or close to their quarter-century lows, noted Goldman Sachs researchers Christian Mueller-Glissmann and Aleksandar Timcenko. The low yields, brought on by an “easy central bank policy” as well…
Goldman Sachs: Global Quest For Yield Coming To An End
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.