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Goldman Tells Clients To Go To Cash As "Growth Shocks" Are Coming

By: micro1 in POPE IV | Recommend this post (1)
Mon, 10 Oct 16 9:18 PM | 33 view(s)
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Msg. 11957 of 47202
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"In the recent environment of low volatility, and with high valuations across assets, we are inclined to keep cash reserves to take advantage of more attractive entry points in case of shocks. Potential â€˜growth shocksâ€™ continue to loom until year-end as political risks remain elevated, given the upcoming US presidential elections and Italian referendum, and the UK governmentâ€™s plan to trigger Article 50 by March 2017."

http://www.zerohedge.com/news/2016-10-10/goldman-tells-clients-go-cash-growth-shocks-are-coming

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