Was a massive hit for Don Henley in 1989
Those, banking on an election year stock market rally, be warned, this could be the end of the innocence.
Read below, what Goldman Sachs has to say :
Global stocks and U.S. Treasuries are in the throes of their most "extreme" start to the year ever as bullish sentiment engulfs markets, according to Goldman Sachs Group Inc.
The bank’s cross-asset measure of risk appetite around the world is the highest since it started the gauge in 1991. Euphoria is turbo-charging global equities while 10-year U.S. government bonds are suffering their worst performance in risk-adjusted terms, according to Goldman.
"Risk appetite is now at its highest level on record, which leads to the question of what future returns can be," strategists including Ian Wright wrote in a Monday note.
