Goldman: Almost Everything Is Overvalued

Goldman: Assets classes are all Overvalued Goldman Sachs believes it is time for you to start understanding factor exposure. According to the bank’s quantitative equity analysts Robert D. Boroujerdi, Jessica Binder Graham, CFA, Deep Mehta and Ronny Scardino, “never has the need for fundamental investors to understand factor exposure has been at this acute.” According to the team’s research, after the recent rally, which has seen the S&P 500 rise by nearly a quarter from its lows, “windows to generate alpha are shortening, style rotation is becoming more violent and smart beta is a solution that has found a problem….