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Goldman Sach tells High NW clients .. Bull Market will continue
Old 01-22-2018, 02:19 PM   #1
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Goldman Sach tells High NW clients .. Bull Market will continue

https://finance.yahoo.com/news/goldm...123353880.html
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Old 01-22-2018, 03:35 PM   #2
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Let's hope that they are right!
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Old 01-22-2018, 04:12 PM   #3
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That's a pretty good "SELL" signal, considering the source.
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Old 01-22-2018, 04:39 PM   #4
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That's a pretty good "SELL" signal, considering the source.
I would have to agree.
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Old 01-22-2018, 05:00 PM   #5
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lol. Predictions are very difficult to make, especially when they are about the future. And why does a HNWI even care whether the bull market continues.
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Old 01-22-2018, 05:01 PM   #6
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Even on a Low Carb Diet I expect the BMs to continue.
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Old 01-22-2018, 05:11 PM   #7
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Yeah, but what are they telling the non High NW people? Oh that's right. They're GS, they don't talk with nonHNW.
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Old 01-22-2018, 05:14 PM   #8
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Old 01-22-2018, 09:49 PM   #9
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Old 01-23-2018, 06:52 AM   #10
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lol. Predictions are very difficult to make, especially when they are about the future. And why does a HNWI even care whether the bull market continues.
So they can stay a high net worth individual? Considering it's 'only' $10M, a few here on the forum are relatively close.
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Goldman’s private wealth management clients generally have investable assets of at least $10 million.
I am not sure if GS is right, but all the right things are in place for higher corporate profits and spending. Consumer confidence is at great highs. No real dark economic clouds are on the horizon.

Inflation is creeping up, and initially it gives consumers more in their paycheck. The tax cuts also give 85% of people more in their paycheck. If it stays near 2%, all system will be a go. The economy is humming along at a 3%+ pace, something it has not done in a long time.

I am leaving my ~95% US equity position intact.

For those who already got out because the market was too 'frothy', and were going to get back in on a pull-back, how many years are you willing to wait? Or do you wait for Peter Schiff to give the word?
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Old 01-23-2018, 08:27 AM   #11
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I am leaving my ~95% US equity position intact.
For some reason I thought your assets were mostly invested in rental real estate.
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Old 01-23-2018, 11:17 AM   #12
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Another article to read with a similar message...

https://www.marketwatch.com/story/he...?siteid=YAHOOB
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Old 01-23-2018, 12:58 PM   #13
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Yea, but in this article Goldman advises the same HNW clients that Bitcoin is a bubble. What if they get both predictions wrong?

"Goldman Sachs warns high net worth clients about cryptocurrency mania"

"They note cryptocurrencies already dwarf both the dot-com bubble and the notorious Dutch “Tulipmania,” a period where tulip bulbs became a prized commodity between 1634 and 1637 and prices went haywire."
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Old 01-23-2018, 01:04 PM   #14
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Time to harvest some of those equity profits.
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Old 01-23-2018, 01:51 PM   #15
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For some reason I thought your assets were mostly invested in rental real estate.
He must be talking only about his liquid assets.

If Senator is getting a high income stream from his rental properties he may not care about total return of his liquid assets.
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Old 01-23-2018, 02:42 PM   #16
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I predict a market crash soon simply because I just plowed $75k into it after sitting on about $200k in cash for all of 2017.
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Old 01-23-2018, 02:50 PM   #17
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Just curious. How do GS recommendations on stocks and mutual funds do overall against the index funds? Does anybody follow them well enough to know?
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Old 01-23-2018, 05:22 PM   #18
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100 billion a year in extra deficit spending from the tax cut. Talk of a huge infrastructure bill. Talk of increasing defence spending.
All on credit.
I'm hoping for a great 5 years till the hangover kicks in.
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Old 01-23-2018, 05:27 PM   #19
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100 billion a year in extra deficit spending from the tax cut.
Talk of a huge infrastructure bill. Talk of increasing defence spending. All on credit.
I'm hoping for a great 5 years till the hangover kicks in. Till then I'm partying like it's 1999.
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Old 01-23-2018, 09:12 PM   #20
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I've recently sold my WMT, some TGT and HAL today...setting it aside for a bit...
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