More uncertainty, more growth, more record highs, and more risk: the reigning market theme today seemingly is one of quantity—more of virtually everything. We do expect one exception to the trend of “more”—returns. We foresee modest returns from major asset classes due to valuation and political realities. Consequently, we see even more need for intelligent portfolio construction and investor discipline.
The Q2 2017 edition of the Market Know-How, which explains what investors should know about current market conditions, and how they can implement an investable strategy.
Strategic Advisory Solutions, GSAM