Goldman Sachs and UBS warn that lower inflation won't be enough to make stocks rally — but these 7 investments can help investors earn a profit anyway
Strategists at the asset management arms of Goldman Sachs and UBS are signaling caution.Inflation is steadily falling. In fact, it, according to the Consumer Price Index and Producer Price Index reports released this week.
Wilson-Elizondo and her colleagues at Goldman Sachs Asset Management think there's a good chance of another small rate hike in May, though she noted that tighter credit conditions and the possibility of lingering stress in the banking sector mean it's no guarantee. Jason Draho, the head of asset allocation for the Americas at UBS GWM, seconded Haefele's May rate hike prediction — and his cautious sentiment — in a recent interview with Insider.
"It's good news," Draho said of the March CPI report."But there's a lot of good news already priced into equity markets."
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