Summary
- Goldman Sachs said risk appetite in the market has recovered to pre-war levels.
- The report said retail investors' return to the stock market and increased automated trading helped lift equities.
- About $125 billion in outflows from money-market funds (MMFs) over the past four weeks was a signal of stronger appetite for risk assets, the report said.
Forecast Trend Report by Period
Goldman Sachs says risk appetite in global markets has recovered to levels seen before the war.
BlockBeats, a crypto-focused media outlet, reported on April 27 that Goldman Sachs sees stock-market volatility falling sharply as investors judge the chances of a full-scale conflict between the US and Iran to be limited.
The report said retail investors' return to equities and increased automated trading helped drive gains in the stock market.
The rebound in risk appetite has also been evident in fund flows. About $125 billion was withdrawn from money-market funds over the four weeks through last Wednesday.
Goldman Sachs said that was a record-level outflow even among withdrawals from money-market funds, which are typically considered safe-haven assets.
The bank said the flow shift signals strengthening investor preference for risk assets.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
