Goldman Sachs analyst suggest that the current phase of economic recovery of the US economy is likely to become the longest in history in 2019.
Key Quotes
“While econ is probably closer to the end of this cycle than the beginning, a smorgasbord of leverage- & valuation-based indicators still points to few current imbalances in the economy.”
“Despite the macro stability, we believe that market volatility and the speed of drawdowns and subsequent recoveries have risen.”
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