Goldman Sachs Says Bonds Will Outdo Stocks Next Year
August 31, 2020 at 08:30 AM EDT
At the height of the Covid-19 sell-offs in March, bonds were the capital markets’ safe haven of choice as investors piled into bonds by the droves. As more economies look to rebound from the pandemic, it might seem that investors are more apt to turn up the risk dial and dive back into equities, but global investment firm Goldman Sachs is forecasting that bonds will continue to outperform stocks.