This page has been archived and commenting is disabled.
Goldman On The Three Risk World
Three key issues remain at the heart of current markets: the strength of the US growth cycle; the sovereign and financial risks in the Euro area; and the risks of ongoing deceleration in Chinese growth. Goldman has created proxies for these various risks and the sensitivities of different assets to those risk factors. They further note that looking at those three proxies over time confirms what general qualitative commentary has also spelled out. From late November to early February, the market relaxed about all three risks, as better global data and the impact of the LTROs on European financial risks provided a strong tailwind. From February until mid-March, China fears reappeared and the market downgraded its views of China significantly while still relaxing about European and growth risk. Since then, both European – and to a lesser degree – US growth risks have re-emerged, but at the same time there are some very tentative signs that the market is becoming a little less worried about China. They, however, remain increasingly cautious on them all: Europe seems increasingly in the hands of governments, not the ECB, raising volatility; unspectacular growth trajectory in the US continues as outlooks adjust down; and even thouigh China's risk has stabilized they have avoided active exposures 'given the muddiness of news'. Understanding which assets are more sensitive and how these risks evolve might help prognosticators understand the need to pay attention to Europe - as opposed to merely Apple's earnings.
Tracking the Three Risk Perceptions Through Time...
And asset sensitivities to these risk factors...
Charts: Goldman Sachs
»
- 7267 reads
- Printer-friendly version
- Send to friend
- advertisements -
What about the FOURTH risk: Stolper recommendations?
fuck Goldman
fuck everything they say and everything they do.
why even quote those psycopath mafioso sonsofbitches?
Great. Just detailed enough to provide a distraction, just vague enough to mean absolutely nothing.
Thanks.
You're welcome Muppet......now hand over the eyeball.
FYI- this is the risk for the muppets. No risk for the rothschild's, Windsor's, rockefeller's. etc.
Buy stocks, buy bonds, eat seafood from the Gulf. All is well in the world!
http://www.aljazeera.com/indepth/features/2012/04/201241682318260912.html?view=all
"but at the same time there are some very tentative signs that the market is becoming a little less worried about China"
Hey Goldman...there aren't any markets left to tell us anything. You tell me what the fed is going to do and I'll tell you what the "markets "will do.
There is only ONE RISK.
That the various central banks stop or slow their fiat printing presses. This parade of clowns is led by the chief paper pusher himself, Bernanke.
and one ring that rules them all ...
DECOUPLING BITCHEZ
oh, wait, ... NON-decoupling b----z
RE-de-hypothecation.
hypothetically
Nasdaq : TIMBER
Clown on CNBC, on Phili fed number "8, its still expandiing and more hiring"
What complete IDIOTS
Growth risk? What is growth? I suppose when you create money with a few keystrokes, it has to go in somebody's account, but I hardly call that growth.
The three risk world:
Goldman, Bank of America, and Morgan Stanley.
Yes.
Larry, Curly and Moe.
http://en.wikipedia.org/wiki/The_Three_Stooges
* jams fingers into CD's eyes *
One of my favorite shows to watch growing up. I'm taking my son to see the movie this weekend....much to my wife's chagrin :)
when you have 1800 channels of crap on cable tv, you get bored.
when you get bored, you surf the web.
when you surf the web you run across an ad for goldman sachs and become an investor.
when you become an investor with goldman sachs, you lose all your money.
when you lose all your money, you jump from a tall bulding.
when you jump from a tall building, you become a dead mupet.
don't become a dead mupet. get rid of cable tv