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With Shanghai down 19% in a year, Goldman Sachs throws in the towel, saying "we have tactically...

With Shanghai down 19% in a year, Goldman Sachs throws in the towel, saying "we have tactically reduced our weight." Worried about imbalances in India as well, GS is recommending rotating out of the BRICs and into Western markets, where monetary policy remains in a sweet spot.
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  • woop
    , contributor
    Comments (43) | Send Message
     
    So fast, or do they just double talk?
    noir.bloomberg.com/app...

     

    (The CSI 300 Index may advance 28 percent this year, as investors shift to equities from banking deposits because of accelerating inflation and earnings growth prospects, according to Goldman Sachs Group Inc.)
    18 Jan 2011, 10:31 AM Reply Like
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