Goldman Confirms Global Cycle Drops Back Into Slowdown

Goldman’s Advanced GLI now locates the global cycle again in the ‘Slowdown’ phase – characterised by positive but falling Momentum.


But the bigger picture story is that momentum has been relatively flat lately and remains on the boundary of the two phases – oscillating between ‘expansion’ and ‘slowdown’ as more than half of the components have deteriorated this month.


Good enough reason to buy stocks to all-time highs?


Source: Goldman Sachs


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