Goldman Sachs: Largest Movement to Bonds Since 2008
November 04, 2019 at 08:00 AM EST
In the wake of the financial crisis in 2008, investors shuffled their capital into bonds as the subprime mortgage crisis manifested itself in the stock market, causing chaos in the financial markets. Fast forward over 10 years later, and global investment firm Goldman Sachs is noticing that the movement to bonds mimics that same time period and more.