Goldman’s Top Trades For 2017
Whether you think of the Vampire Squid as a prophetic cephalopod or a solid contrarian indicator hell-bent on muppetizing clients, there's still something to be gained from checking the bank's top picks. Here's the first list for 2017:
Top Trade #1: Transatlantic economic divergences and political risks: Long US$ vs GBP and EUR
Top Trade #2: RMB weakening: Long $/CNY
TopTrade #3: Earning the ‘good carry’ in EM, hedging the China (and CNY) risk: Long BRL, RUB, INR and ZAR, short KRW and S