HONG KONG: The longer the seemingly unstoppable reflation rally continues, the more warning signs start to flash for Goldman Sachs Group Inc – especially in stocks.
The bank’s strategists have lowered their three-month outlook for global stocks to neutral, while staying overweight cash and underweight bonds given the recent shift by central banks to a “slightly more hawkish” stance.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!