Reported about 1 year ago
Goldman Sachs Group Inc.’s Head of Hedge Funds, Tony Pasquariello, suggests it’s time to decrease overall portfolio risk with the possibility of a market drawdown increasing despite the bull market and multiple all-time highs reached by the S&P 500. Pasquariello recommends utilizing low-cost downside protection like put options and maintaining high-quality equity exposure while identifying risks such as a widening fiscal deficit and the narrow breadth of the rally driven by large tech stocks.
Source: YAHOO