Goldman Sachs has predicted further pain for a raft of European indices over the short term, with one expected to be firmly in a bear market by the end of the year. On Tuesday, the index fell by 0.1%, down around 8% over the last month. If it were to fall to this number, as Goldman expects, it would be lower by more than 25% from its recent peak earlier this year.
In this Pro analysis, we break down the current market, analyze what is driving the downgrades, and how to position your portfolio.
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