Goldman: If Yields Hit 2.75% Equities Will Fall As P/E Multiple Increase Behind Rally Of Past 3 Years

So far, equities have reacted well to falling bond prices, but this may not last for much longer according to Peter Oppenheimer, Chief Global Equity Strategist at Goldman Sachs.

In this month's issue of Goldman Sachs’ Top of Mind monthly magazine, Mr. Oppenheimer discusses the implications of rising inflation for equity investors and is less enthusiastic about the outlook for the markets than you might expect.

Ray Dalio Warns “Certain Investors Will Be Shocked”

JHL Capital's James Litinsky: A 1% Rate Hike Could ...

Goldman: If Yields Hit 2.75% Equities Will Fall

The conversation centers on inflation bond yields and the relationship to equities. Mr. Oppenheimer points out that the decline in inflation expectations and related fall in...