Given the multiplicity of factors elevating uncertainty in today’s environment, we are reminded that in order to fully recover a -35% loss, a portfolio must subsequently return +35% and then an additional +14%. The hurdle for recovery from large losses is high. While risk assets may still be attractive, portfolios assembled in a risk-aware manner may help to reduce volatility and narrow the recovery gap.
Source: GSAM. As of July 31, 2020.
Presenting ideas for the unique challenges and opportunities specific to the female, millennial and LGBT investor.
Weekly views from senior Goldman Sachs economists and strategists
Quarterly insights on market conditions and timely investment ideas
Monthly market commentary coupled with insights on portfolio construction
Posts on the latest market developments and key themes for your portfolios