"Asset prices have moved a long way," says the team at Goldman, downgrading global equities from...

|By:, SA News Editor

"Asset prices have moved a long way," says the team at Goldman, downgrading global equities from Buy to Neutral. Maybe not yet priced in, they say, is the economic drag from government cost-cutting (what cost-cutting?). Get ready to buy the dips though, as any sell-off should be shallow and short.