US equities are the best option for clients looking to profit from a US-China trade deal, managing director Silvia Ardagna told Bloomberg.
Goldman Sachs continues to recommend US equities to high-wealth clients despite stocks' record-high prices, managing director Silvia Ardagna told Bloomberg. Major US stock indexes reached record highs Friday, driven by positive trade-deal sentiment and a better-than-expected jobs report. Many investors have been rotating out of equities in recent months, but the rally in US stocks"can clearly extend" if economic data remains strong, Ardagna said.
Goldman Sachs continues to recommend US equities to high-wealth clients despite stocks' record-high prices, managing director Silvia Ardagna told Bloomberg. Major US stock indexes reached record highs Friday, driven by positive trade-deal sentiment and a better-than-expected jobs report. Many investors have been rotating out of equities in recent months, but the rally in US stocks"can clearly extend" if economic data remains strong, Ardagna said.
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