U.S. Cyclicals vs. Defensives

U.S. Cyclicals vs. Defensives It’s all about sector rotation: the cyclicals vs. defensives trade is now pricing a growth acceleration. Image: Goldman Sachs Global Investment Research

History of Oil Prices Since 1861

History of Oil Prices Since 1861 This chart is a good illustration of oil price volatility over time. Image: Goldman Sachs Global Investment Research

Hedge Fund Portfolio Density and Turnover

Hedge Fund Portfolio Density and Turnover Hedge fund portfolio density has steadly increased, and fund turnover has declined over the past decade. High concentration risk can lead to high losses and affect the financial system. Image: Goldman Sachs