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[Two Goldman Sachs strategists released a unanimous signal on the same day: they are still optimistic about risky assets in the long term, but the "easiest money" may have been made] On September 3, Goldman Sachs strategist Christian Müller-Glissmann gave current cross-asset allocation recommendations in a report to clients on Wednesday: maintain tactical neutrality for various assets in the next three months, and slightly risk-oriented in the next 12 months, specifically overweighting stocks, underweighting credit, and neutralizing bonds, commodities, and cash. On the same day, Peter Oppenheimer, Goldman Sachs' global head of equity strategy, gave a more prudent return expectation in a TV interview, believing that mid-to-high single-digit returns in most markets over the next 12 months, although "relatively decent," will be significantly lower than the gains that have been achieved over the past year. The signals released by the two materials on the same day are quite consistent: the long-term appeal of risk assets is still there, but the easiest money may have been made.
Global market intelligence 🕐 2026-09-03 14:50

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