Salient to Investors:
Gary Cohn at Goldman Sachs said:
- He is bullish on global stock markets as investors shift money from bonds to equities as interest rates rise. The cause of rising interest rates, greater economic activity and growth, will be very positive for our business.
- Shares in top companies offer attractive dividend yields relative to interest rates.
- At some point, interest rates will rise and some of the money that has piled into fixed income over the past 3 years will exit.
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