Goldman turns cautious on stocks as Fed threatens to upset calm


The bank

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.

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Business , Goldman , stocks , caution

   

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