Top trades for 2016
It's that time of the year again. Wall Street is busy coming up with its predictions for 2016, and Goldman Sachs is predicting more of the same for the next 13 months, a stronger dollar tighter sovereign credit spreads across Europe and an outperformance of large US banks.
Here are Goldman's six top trades for 2016 in full.
See also: Goldman Makes 2016 Predictions, Targets Only 2100 on S&P, Says Fed More Hawkish Than Thought
Top trades for 2016 #1: Long USD vs. short EUR and JPY
Trade: Go long USD against an equally-weighted basket of EUR and JPY at 100, with a
spot target of 110 and a stop loss of 95.
Thesis: According to Goldman, the divergence between...
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