GS-US Portfolio Strategy-2010 Outlook-cyclical start,defensive finish-091208

是 否 +2 论坛币

k人 参与回答

经管之家送您一份

应届毕业生专属福利!

求职就业群

赵安豆老师微信：zhaoandou666

经管之家联合CDA

送您一个全额奖学金名额~ !

立即领取

感谢您参与论坛问题回答

经管之家送您两个论坛币！

+2 论坛币

【名称】GS-US Portfolio Strategy-2010 Outlook-cyclical start,defensive finish-091208
【页数】75
【来源】goldman sachs
【简介】2010 Outlook: Cyclical start; defensive finish
2010 Outlook: cyclical start; defensive finish 3
Investment Recommendations: Our best ideas for 2010 6
The anticipated path of the market in 2010 8
US economic backdrop for 2010 12
Excess capacity: implications for the US equity market 15
S&P 500 earnings forecast: $76 per share in 2010 and $90 in 2011 20
Valuation: Our year-end 2010 target for the S&P 500 is 1250 25
Money flow: A bullish back-drop for stock investors in 2010 32
Inter-sector correlations remain elevated but should fall in 2010 36
Strategic Themes and Investment Recommendations 39
1. International exposure: Buy our BRICs Sales basket <GSTHBRIC> 40
2. Buy S&P 500 companies with operating leverage <GSTHOPHI> 44
3. Sector positioning: Pro-cyclical for the near-term 48
4. High Sharpe Ratio trades 52
5. Uses of Cash: How companies will spend money in 2010 55
Mutual funds: Strong 1Q relative returns set stage for a strong 2009 64
Hedge funds: regaining lost performance and turning cyclical 67
Our 2009 scorecard: Index, Sectors, and Thematic trades 69
Appendix A: S&P 500 Market cap & net income by sector since 1974 70
Appendix B: GS Portfolio Strategy Baskets on Bloomberg 71
Disclosure 71
Disclosures 72

扫码加我 拉你入群

请注明：姓名-公司-职位

以便审核进群资格，未注明则拒绝

分享0 收藏0 回帖

关键词：Portfolio defensive Portfoli cyclical Strategy Portfolio Start defensive

thanks for sharing this one