Entrepreneurship

Goldman highlights a seasonal trade that could work really well in the first quarter of 2021

Read more at www.cnbc.com

Traders work the floor of the New York Stock Exchange.

NYSE

(This story is for CNBC Pro subscribers only.)

A simple strategy of buying this year’s losers for a trade in the first quarter could work particularly well next year, Goldman Sachs said.

That’s because 2020’s S&P 500 laggards are having their worst year since 2007, trailing behind the benchmark by 36%, due to the outsized damage caused by the unprecedented pandemic, according to Goldman.

Read more at www.cnbc.com

Show More

Related Articles

Back to top button