Goldman Sachs Says There's an 88% Chance of a Bear Market: 3 Stocks to Own
Could we be on the verge of a new bear market? The answer is "yes," according to Goldman Sachs' Chief Global Equity Strategist Peter Oppenheimer and his team.
An exhaustively researched, 87-page report titled "Bear Necessities: Should We Worry Now?" lays out the case for trouble ahead. Everyone loves a Disney song reference -- "Bear Necessities" is a reference to a song in the film, The Jungle Book -- but the contents of the report are ominous.
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Source: Fool.com