Goldman: Investors Are Increasingly Concerned About A Market Crash

Market Crash ? soft economic data has some concerned including Goldman Sachs

Investors appear increasingly concerned about S&P 500 drawdown according to a new research report from Goldman Sachs. The report highlights the recent S&P 500 rally, which has taken place since the presidential election results were known at the beginning of November. The 10% rise in the S&P 500 Index since the election was catalyzed by a surge in optimism surrounding US policy and even though policy changes have not emerged, so-called ‘soft’ economic data has continued to show strength. The fact that soft economic data remains robust Goldman claims has propped up investor optimism despite the lack of action.