Passing the Baton to the Global Consumer
Five and a half years into the bull market, many stock markets are achieving record highs while volatility is hovering around the lowest levels in years. Have market participants become complacent? Goldman Sachs doesn't think so. In fact, the US i-bank believes the impressive milestones are making many investors nervous.
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter your SMS code' }}
A text message with your verification code was just sent to {{user.DayPhone}}
We cannot send you a code via SMS to {{user.DayPhone}}
Hi {{ user.FirstName }}, please provide your mobile number.
{{ content.trialHeading.replace('{0}', user.FirstName) }}
We'll send you a text message with a verification code to start your free {{ '0' == '1' ? 'Eureka Report' : 'Intelligent Investor' }} 15-day trial.
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Eureka Report 15-day free trial
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Indepth analysis of ASX listed shares
- BUY, Hold and Sell Recommendations
- Ideas Lab
- Special Reports
- Alan Kohler’s Weekend Briefing
- Interviews with CEO’s & top influencers
- Money Cafe and Talking Finance
- Super Advice and Q&A with Ask Alan
“Central banks, governments and corporations are ready to pass the baton to global consumers—will they take it and run?” - By Goldman Sachs Asset Management
Below summary by Anthony O'Brien
Five and a half years into the bull market, many stock markets are achieving record highs while volatility is hovering around the lowest levels in years.
Have market participants become complacent? Goldman Sachs doesn’t think so. In fact, the US i-bank believes the impressive milestones are making many investors nervous.
In its view this edginess is unfounded as equities continue to look attractive in light of the potential for accelerating revenue and earnings growth, along with their return potential against other asset classes. Goldman Sachs is predicting that global equity returns this year will be similar to average historical returns of about 8-10%.
Goldman Sachs believes that a combination of an improving macroeconomic environment combined with growth spending, structural reforms and improved consumer spending will drive equity returns.
Yet in the last couple of years, consumers in both developed and emerging markets have been relatively subdued.
To read the full article click here
