Goldman Sachs’ private wealth management advisers tell the bank’s clients to stay invested primarily in U.S. equities, advice the firm has reiterated annually since the March 2009 market bottom.
“We have had a theme of U.S. preeminence and staying invested — these two investment themes — since the trough of the global financial crisis. So as many people have put forth the view that the global financial crisis, for example, dealt a fatal blow to U.S. preeminence, ‘That the 20th century…
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