Despite numerous warnings to the contrary, professional investors are increasing their bets that an economical crisis may be avoided.
It's a risky wager for a number of reasons.
According to a survey by Goldman Sachs Group Inc. on allocation by mutual funds and institutional investors with assets totaling roughly $5 trillion, financial advisers have been selecting economically sensitive equities, such as industrial enterprises and commodities producers. The data reveals that shares in consumer staples and utilities, which typically do well amid market crises, are presently out of favor.
It's a risky wager for a number of reasons.
According to a survey by Goldman Sachs Group Inc. on allocation by mutual funds and institutional investors with assets totaling roughly $5 trillion, financial advisers have been selecting economically sensitive equities, such as industrial enterprises and commodities producers. The data reveals that shares in consumer staples and utilities, which typically do well amid market crises, are presently out of favor.