Goldman Downgrades S&P 500, Stoxx 600 To Sell, Cites “Elevated Valuations And The Risk Of Shocks”
by Tyler Durden
ZeroHedge.com
Sep 16, 2016
After tactfully warning clients for months that staying invested in US stocks and bonds is an unacceptable risk, overnight Goldman’s Peter Oppenheimer finally changed Goldman’s official “tactical” bias, and as of this moment recommends selling not only bonds, as well as the S&P500 and Europe’s Stoxx 600 “due to elevated valuations across assets and the risk of shocks.”
The Rest…HERE
