iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,558 Blog Posts

Goldman: ‘Equities Offer Poor Asymmetry’; A Stark Drawdown Looms

Goldman has been talking shit for some time now, mainly from Kostin. But this is a new guy talking shit, who goes by the name of Mueller-Glissmann. I’m assuming this is a duo of two assholes talking shit, or some woman who enjoys to hyphenate her name in such a manner.

“With equities at the upper end of their recent range, we believe equities offer poor asymmetry with little return potential and potential for more frequent and larger drawdowns,” writes Mueller-Glissmann. “And while ‘buying the dip’ has worked since 2014 , investors are increasingly concerned about the recovery catalyst in the next drawdown as
central bank capacity is increasingly questioned and global growth and inflation remain stubbornly low.”

Yes, I agree, in spite of my bullishness on gold. A storm is coming.

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5 comments

  1. goose20

    I agree and I am starting to short market here knowing that there is greater risk to downside from here as we sit close to all time highs.

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    • scottbot

      Buying the dip has worked as long as there has been a stock market. At least so far.

      I’m holding some cash waiting for another correction and nibbling at the usual beaten-down garbage.

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      • btn

        “Buying the dip has worked as long as there has been a stock market.”

        Tell that to the Japanese.

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  2. frog

    Here you go. A fleece vest or 2 with silver lining for this Mueller-Glissmann.

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  3. Dr. Fly

    Lol

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