Reported 12 months ago
A Goldman Sachs executive warns investors that now might be a good time to 'hit the brakes.' Due to factors like the expanding US fiscal deficit and heightened market concentration, Goldman Sachs believes that the risks of a pullback in US stocks are rising and advises investors to remain cautious and disciplined, using hedging strategies like put options. Despite the S&P 500 hitting 31 record highs this year, concerns such as the growing fiscal deficit, increased stock exposure, and concentrated market gains are noted. Investors are urged to hedge their portfolios and maintain high-quality holdings while volatility may increase as the global election cycle unfolds.
Source: YAHOO