Equity Bear Market: A Paradigm Shift?
Against a backdrop of sky-high inflation, rising rates, and growing recession concerns, the S&P 500 has had its worst start to the year since 1962, with the tech-heavy Nasdaq and unprofitable Growth companies performing even more dismally. Whether equity markets are in the midst of a paradigm shift and what’s in store for them ahead is Top of Mind.
For answers, Goldman Sachs Research speaks with Ark Invest's Cathie Wood, AQR Capital Management's Cliff Asness, Darren Cohen in Goldman Sachs Asset Management, and David Kostin in Goldman Sachs Research, along with Goldman Sachs research analysts. The one commonality in their disparate views: good buying opportunities can be found in equity markets today.