<div id="readability-page-1"><div><div><p><strong>2025 was a very good year for US equities.</strong> according to Goldman Sachs head of hedge fund coverage, Tony Pasquariello, who says he went back-and-forth on the word choice here, but concluded that<strong>&#34;very good&#34; seems consistent with S&amp;P delivering a solidly double-digit return, and one that’s squarely above the long-term average</strong>.</p></div></div></div>

高盛

<p>2025 年对美国股票来说是一个非常好的年份。高盛对冲基金覆盖负责人 Tony Pasquariello 表示，他在用词上反复斟酌，但最终得出的结论是 “非常好” 似乎与标准普尔指数提供的稳健的两位数回报相一致，并且这一回报明显高于长期平均水平</p>

高盛对冲基金负责人对 2025 年的最终观点