How to invest in 2024: Goldman’s take on stocks and bonds

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The Street

By Dan Weil Are there still opportunities in stocks and bonds after their recent rallies? Yes, say executives at Goldman Sachs Asset Management. The Federal Reserve’s higher-for-longer interest-rate policy will continue next year, Ashish Shah, chief investment officer of public investing, said in a webinar. “That will leave us vulnerable to potential shocks, leading investors to value having bonds in their portfolio.” With investment-grade corporate bonds yielding 4% to 6%, “you don’t have to stretch in [terms of] risk for returns,” said Alexandra Wilson-Elizondo, a managing director of multia…

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