Is the market too optimistic? Goldman Sachs warns: key indicators have returned to the eve of the 2007 financial crisis!

Wallstreetcn
2025.08.01 07:00
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Current trade policies are becoming clearer, and the market has lowered the pricing of recession risks, leading to a noticeable easing of investment sentiment. This Thursday, the global corporate bond spread narrowed to 79 basis points, the lowest level since the eve of the 2007 financial crisis. Goldman Sachs warns that the market may overlook downside risks due to excessive optimism, including economic slowdown, weakening deflation, and concerns about the independence of the Federal Reserve, and advises investors to maintain necessary hedges in their portfolios