🇺🇸 U.S. Pension Funds Could Sell $33B in Stocks.
Goldman Sachs estimates U.S. pension funds could sell roughly $33 billion in equities as September comes to an end. The projected flow ranks in the 98th percentile of Goldman’s data going back to 2000, making it an unusually large expected rebalancing flow.
The figure is a projection, not a confirmed $33 billion sell-off, and the selling is tied to month-end portfolio rebalancing. Goldman also estimates commodity trading advisors could buy about $11.5 billion in global stocks if markets remain broadly flat.$BNB
#bnb
Goldman Sachs estimates U.S. pension funds could sell roughly $33 billion in equities as September comes to an end. The projected flow ranks in the 98th percentile of Goldman’s data going back to 2000, making it an unusually large expected rebalancing flow.
The figure is a projection, not a confirmed $33 billion sell-off, and the selling is tied to month-end portfolio rebalancing. Goldman also estimates commodity trading advisors could buy about $11.5 billion in global stocks if markets remain broadly flat.$BNB
#bnb
