<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 年對美國股票來説是一個非常好的年份。高盛對沖基金覆蓋負責人 Tony Pasquariello 表示，他在用詞上反覆斟酌，但最終得出的結論是 “非常好” 似乎與標準普爾指數提供的穩健的兩位數回報相一致，並且這一回報明顯高於長期平均水平</p>

高盛對沖基金負責人對 2025 年的最終觀點