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The Four Questions Goldman’s “Confused, Understandably Frustrated” Clients Are Asking

Saturday, October 11, 2014 9:49
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Headline: Bitcoin & Blockchain Searches Exceed Trump! Blockchain Stocks Are Next!

from Zero Hedge

One would think that after last week’s market rout, the worst in years, that Goldman clients would have just one question: why just a month after you, chief Goldman strategist David Kostin said to “Buy Stocks Because Hedge Funds Suck; Also Chase Momentum And Beta“, are stocks crashing? No really: this is literally what Kostin said in the first days of September: “investors should buy stocks which should benefit from a combination of beta, momentum, and popularity as funds attempt to remedy their weak YTD performance heading into late 2014.” Turns out frontrunning the world’s most overpaid money losers wasn’t such a great strategy after all. In any event, that is not what Goldman’s clients are asking. Instead as David Kostin informs us in his weekly letter to Jim Hanson’s beloved creations, “every client inquiry focused on the same four topics: global growth, FX, oil, and small-caps.”

Continue Reading at ZeroHedge.com…



Source: http://financialsurvivalnetwork.com/2014/10/the-four-questions-goldmans-confused-understandably-frustrated-clients-are-asking/?utm_source=rss&utm_medium=rss&utm_campaign=the-four-questions-goldmans-confused-understandably-frustrated-clients-are-a

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