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Goldman Sachs gives 5 reasons to add downside protection to equity holdings

Goldman Sachs gives 5 reasons to add downside protection to equity holdings
A note on Wednesday from Goldman Sachs reiterates the firms projection for the S&P500 to rise to 4,500 by year-end 2023 and to 4,700 in 12 months.Goldman Sachs do, however, add a but. Analysts at the firm acknowledge that some portfolio managers expect a recession to begin within the next year. While GS economists put that probability at 25%., the analysts do offer 5 reasons why to add downside protection:put-call skew indicates that upside positioning is crowded and downside protection is attra... Read More
Posted: Jun 21 2023, 21:16
Author Name: forexlive
Views: 081118

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