Post by mangomoney on Feb 17, 2016 15:00:03 GMT 7
Girls just wanna have fun but investors just want to avoid losing money
Goldman Sachs Survey: More Than Half Our Clients Expect Negative Returns for Global Equities This Year
Investors just want to avoid losing money.
The S&P 500-stock index is down 9 percent since the start of the year on concerns ranging from negative interest rates to a hard landing in China. A new survey from Goldman Sachs Group Inc. shows that a growing proportion of its clients are worried about a global recession.
"Fund managers are fearful that negative animal spirits have taken hold in the global economy and a recession is looming," the note, sent out by Chief U.S. Equity Strategist David Kostin and his team, said.
more...
www.bloomberg.com/news/articles/2016-02-16/goldman-sachs-survey-more-than-half-our-clients-expect-negative-returns-for-global-equities-this-year
Goldman Sachs Survey: More Than Half Our Clients Expect Negative Returns for Global Equities This Year
Investors just want to avoid losing money.
The S&P 500-stock index is down 9 percent since the start of the year on concerns ranging from negative interest rates to a hard landing in China. A new survey from Goldman Sachs Group Inc. shows that a growing proportion of its clients are worried about a global recession.
"Fund managers are fearful that negative animal spirits have taken hold in the global economy and a recession is looming," the note, sent out by Chief U.S. Equity Strategist David Kostin and his team, said.
"More than one third of the clients attending our recent macro conference in Hong Kong expect cash will post the highest risk-adjusted return of any asset class in 2016. Nearly 60 percent of the participants forecast global equities will deliver a negative return this year."
more...
www.bloomberg.com/news/articles/2016-02-16/goldman-sachs-survey-more-than-half-our-clients-expect-negative-returns-for-global-equities-this-year
