A thread on an interesting report by Goldman Sachs' Peter Oppenheimer, the bank's chief global equity strategist. He points out that Goldman's "Bear Market Risk Indicator" is looking ominous. pic.twitter.com/CfaKtUIc0Y
There are three factors that suggest that the recent stability could evaporate and that equities are "about to enter a sustained bear market", Oppenheimer says.
First is the fact that growth, inflation and interest rate outlook is unfriendly for equities. pic.twitter.com/dWmgzA2CKn