Goldman’s advice to buy equities gives me the creeps!
“We think it’s time to say a ‘long good-bye’ to bonds, and embrace the ‘long good buy’ for equities” announces Goldman Sachs! This sort of pronouncement has the ability to turn someone who’s been a diehard bull since 2010 into a cowering bear. Read the rest using link. Cheers!
Goldman Sachs advice scares the beejeebies out of me! maverickinvestors.com
“We think it’s time to say a ‘long good-bye’ to bonds, and embrace the ‘long good buy’ for equities” announces Goldman Sachs! This sort of pronouncement has the ability to tur…
]Good post. I think it’s getting harder and harder to trust their advice these days.
Anyone who trusts Goldman Sachs for any advice needs to seek another type of advice and preferably with lots of meds attached. What these jokers are after is liquidity and someone to soak up the losses on the other side of the arbitrage opportunities. Investors are backing off and volume has been light. Not conducive to the quants out there looking to high frequency the beejeepers out of equities. Fresh meat is needed to fuel the fires. Of course they might get in trouble for conflicts of interest and pay lets say oh…. 10% of their profits in fines. Clearing 90% which covers the executive bonus pools and pads the year end returns. Securities regulators get a nice fat fine on the books to fund their operations and everyone is happy…oh except for the fresh meat.
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