Goldman Warns That Market Valuations Are at Their Highest Since 1900

 

  • Returns likely to be lower across all assets in medium term
  • Risk scenario sees inflation jump that ushers ‘fast pain’

A prolonged bull market across stocks, bonds and credit has left a measure of average valuation at the highest since 1900, a condition that at some point is going to translate into pain for investors, according to Goldman Sachs Group Inc. Continue reading

RED ALERT — Get ready for a ‘severe fall’ in the stock market, HSBC says

HSBC’s technical-analysis team has thrown up the ultimate warning signal.

In a note to clients released Wednesday, Murray Gunn, the head of technical analysis for HSBC, said he had become on “RED ALERT” for an imminent sell-off in stocks given the price action over the past few weeks. Continue reading