Goldman Sachs’ Economic Forecast, Market Pullback Risk, and Chinese Tech Stocks

Published on
April 27th, 2021
Duration
34 minutes

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Goldman Sachs’ Economic Forecast, Market Pullback Risk, and Chinese Tech Stocks

Daily Briefing ·
Featuring Thomas Thornton and Ash Bennington

Published on: April 27th, 2021 • Duration: 34 minutes

Real Vision senior editor Ash Bennington joins Tommy Thornton, founder of Hedge Fund Telemetry, to discuss his current take on markets. Thornton explains the thin trading volume for this past month as sentiment remains high, and he explores Goldman Sachs’ newly published economic forecast, which cautions that there will be quarter-over-quarter GDP declines going forward even while the U.S. economic backdrop grows stronger. Bennington and Thornton also debrief Coinbase’s direct listing and his perspective on the growth of the crypto space, and they tackle Thornton’s thoughts on the Chinese tech sector and where he sees investible opportunities. Finally, he talks about energy as one of the best reopening bets out there and shares how he’s positioning his trades.

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