{"id":62757,"date":"2009-12-04T06:00:00","date_gmt":"2009-12-04T11:00:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/goldman-here-are-the-top-8-trades-for-2010-2009-12"},"modified":"2009-12-04T06:00:00","modified_gmt":"2009-12-04T11:00:00","slug":"goldman-heres-how-to-make-a-killing-in-2010","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/62757","title":{"rendered":"Goldman: Here’s How To Make A Killing In 2010"},"content":{"rendered":"

\"poland<\/a>Ready to kick ass and make a boatload of money in 2010?<\/p>\n

Goldman Sachs strategist Jim O’Neill recently unveiled his top trading picks for the coming year. O’Neill and his team hunted all around the world — from currencies, to pair trades to foreign equities — for the best moves.<\/p>\n

As for what the global economy will look like, these are his basic premises:<\/p>\n

–A benign (above-consensus) global growth outlook, alongside falling CPI inflation and ultra-
low US (and G3) real and nominal rates.   <\/p>\n

–More differentiation than the market discount in growth and rate views, with a US growth
deceleration that puts our forecast well below consensus, but above consensus views in the
BRICs and in significant parts of the G10 (Australia, UK, Norway, Sweden) and increased
divergence within Europe – a theme Erik Nielsen and team have been focusing on.<\/p>\n

–Ongoing concerns about the sustainability of growth in the US, more worries about deflation
than inflation and lingering credit issues in pockets of the market, associated with the high
amortization schedule of corporate securities.<\/p>\n

–Risk and liquidity premia which are less extraordinary in the first half of last year but in
many cases still above average. An expectation from our Portfolio Strategy teams of positive
equity returns, but lower than this year and higher in Europe\/Asia than in the US.<\/p>\n

–A continued search for ‘carry’ in credit and beyond given low rates and a more balanced
macro outlook but with more differentiation across issuers as blanket policy stimulus is
removed. <\/p>\n

–Continued cyclical Dollar weakness for most of the year, alongside a view of positive, but
not extraordinary, commodity returns.<\/p>\n

Knowing that, here are the top 10 trades >><\/a><\/strong><\/h2>\n

Join the conversation about this story »<\/a><\/p>\n

See Also:<\/b><\/p>\n