Asset Allocation
Goldman Names Top Investment Targets for 2024’s 2nd Half, as Rates Dip
Investment-grade and high-yield corporate bonds, small caps and European stocks lead the firm’s list.
Investment-grade and high-yield corporate bonds, small caps and European stocks lead the firm’s list.
But the institutional investors revamped their approach to the asset class after it failed to protect them when equities tanked in 2022.
Outpaced last year, high yield is in solid shape at a time when stocks may come back to earth, the firm argues.
They don’t pay much interest, and future price appreciation is so not happening. Still, they have their uses.
Longtime CIO Tony Waskiewicz shares two ‘credit plays’ to consider during this volatile market.