They want to create liquidity (buyers) for non-quality stocks Goldman Sachs owns so they pitch the “equal weight” index, which is overweight those types of stocks. 😂
election years are historically challenging for investors, but never make financial decisions when feeling emotionally charged, rather you should consider speaking with a reputable advisor, someone of great expertise
I agree. Over 50 years of data reveals that folks who work with advisors earn more than those who do it alone. I've been fortunate to utilize a pro since the pandemic, resulting to a 7 figure portfolio after 100s of thousands invested so far.
i'm blown away! mind sharing advisor info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well
glad to have stumbled upon this, curiously inputted Karen Lynne Chess on the web, easily spotted her consulting page and was able to schedule a call session. Ive seen commentary about advisers but not this phenomenal
Gee whiz a company that makes its nut selling derivatives and complicated products is anticipating clouds and an underperforming environment that means you will need such products? Shocking 🤣
What will actually happen is that after years of poor returns, all the narratives will be pessimistic. Everyone will “realize” that their long term outlook has to be “corrected”. Demographics are a very long term trend, and Americans aren’t having many kids anymore… so they will move their portfolios into Latin American markets etc, places with healthier demographic trends that will have been outperforming the S&P by then. And as always people will have bought S&P high and will be failing to buy it low
There is one massive asummption here: fair value earnings multiple of the market remains flat overtime. Even if we are at a historical earnings high, if there is a rational argument that the consistency of cashflows increases, then the fair value multiple can go up (or vice versa). Maybe not the best argument for it now, but not sure it makes sense to say equities (who should be at the cutting edge of their markets and expanding market share) should be subject to a static fair value.
It's likely pretty dead on but heavily spun as world stability, global warming damage in contrast to ground breaking tech improvements and cheaper by more extensive power use will make for great stability up and down.
These are the same people that were telling us the S&P would be flat this year, if you listened to them you would have missed out on a 25% return, funny how fast they burry all the times they are wrong, its almost like they have No Idea, and that you would be best to ignore them, and just invest in a low cost index fund.
He’s not opposed to a low cost index fund. He’s just saying opt for an equal weight fund rather than a market weight fund to avoid putting too much money into mega cap companies that have been hyped way up.
Good company Goldman , but frequently wrong, that’s because ther financial advisors, that means they go to work and tell us how to make money, but if they knew how to do that that they would all be in the Bahamas jumping off their sailing boast, not getting up at 5.30 to do a 15 day in Wall Street! Just a thought. All the best from the U.K.
I guess Goldman Sachs is liquidating it's portfolio in anticipation of such bad returns.
SURELY!!!!!
They already did (to retail investors at market highs).
They want to create liquidity (buyers) for non-quality stocks Goldman Sachs owns so they pitch the “equal weight” index, which is overweight those types of stocks. 😂
@@jaym9846 Yeah they probably rotated 2nd quarter 2024
I'm at crossroads deciding if to liquidate my $250k portfolio and get back in after Nov 5. So much uncertainty looming due to the election.
election years are historically challenging for investors, but never make financial decisions when feeling emotionally charged, rather you should consider speaking with a reputable advisor, someone of great expertise
I agree. Over 50 years of data reveals that folks who work with advisors earn more than those who do it alone. I've been fortunate to utilize a pro since the pandemic, resulting to a 7 figure portfolio after 100s of thousands invested so far.
i'm blown away! mind sharing advisor info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well
glad to have stumbled upon this, curiously inputted Karen Lynne Chess on the web, easily spotted her consulting page and was able to schedule a call session. Ive seen commentary about advisers but not this phenomenal
Do that if you want the market to play against you. In the end, the market will always take you for a fool.
What was Goldman's forecast for this period 10 years ago?
If people actually believed this bonds would not be selling off, they would be getting bought
In sum, Goldman is trying to temp expectations of S&P returns going forward, and of course they are selling their private equity and credit products.
Gee whiz a company that makes its nut selling derivatives and complicated products is anticipating clouds and an underperforming environment that means you will need such products? Shocking 🤣
It's Television afterall, why would they give financial advide for free ? I think people should just reverse what they say!
Nice one, this gives me 10 years to buy my ETFs at bottom prices and retire in the sunset and after the recovery!
Are you capable of having your behavior mirror that belief?
What will actually happen is that after years of poor returns, all the narratives will be pessimistic. Everyone will “realize” that their long term outlook has to be “corrected”.
Demographics are a very long term trend, and Americans aren’t having many kids anymore… so they will move their portfolios into Latin American markets etc, places with healthier demographic trends that will have been outperforming the S&P by then. And as always people will have bought S&P high and will be failing to buy it low
So why isn’t Goldman selling all its assets and buying bonds???
…. or the market crashes, then produces double digits again
There is one massive asummption here: fair value earnings multiple of the market remains flat overtime. Even if we are at a historical earnings high, if there is a rational argument that the consistency of cashflows increases, then the fair value multiple can go up (or vice versa). Maybe not the best argument for it now, but not sure it makes sense to say equities (who should be at the cutting edge of their markets and expanding market share) should be subject to a static fair value.
I like the analysis, the whole market returns will be low due to huge decline in tech companies valuation .
The growth is real but will be accompanied by lower growth prospects further down the line. As E rises, P/E will decline.
Modestifying returns
Is that 3% real return or nominal?
They said before inflation so nominal
@harambenolevest69 which means we're heading for a loss decade for the stock market
@@harambenolevest69 ok no need to be rude
@@jimbojimbo6873 I don't think he said it in the interview but I saw it reported on elsewhere.
It's fictional
why is valuation not correlated with concentration tho
It's likely pretty dead on but heavily spun as world stability, global warming damage in contrast to ground breaking tech improvements and cheaper by more extensive power use will make for great stability up and down.
Zero credibility from Goldman...
So this dummy actually has clients? LOL
lol 🤣
These are the same people that were telling us the S&P would be flat this year, if you listened to them you would have missed out on a 25% return, funny how fast they burry all the times they are wrong, its almost like they have No Idea, and that you would be best to ignore them, and just invest in a low cost index fund.
He’s not opposed to a low cost index fund.
He’s just saying opt for an equal weight fund rather than a market weight fund to avoid putting too much money into mega cap companies that have been hyped way up.
I don't think it's controversial. There's no way it can keep doing what it's done.
Yes there is. Inflation
I guess you should buy the 10year with a yield of 4%+
Good company Goldman , but frequently wrong, that’s because ther financial advisors, that means they go to work and tell us how to make money, but if they knew how to do that that they would all be in the Bahamas jumping off their sailing boast, not getting up at 5.30 to do a 15 day in Wall Street! Just a thought. All the best from the U.K.
I guess I should sell all my GS holdings
I hope we see more videos like this
A prediction from them pretty much guarantees that S&P 500 will NOT return 3% over 10 years
Utter nonsense
So my MAG7 is doomed?
Maybe they are just repeating the pattern of the old Nifty Fifty.
laughable
Your data disagree? High valuations don’t lead to lower long term returns?
I respect GS but dont trust any predictions, especially long term about the market...what can be trusted is most people are wrong most of the time.
Greattt
Lol
😂😂😂😂