Think Like a Millennial
Katie Koch, a managing director at Goldman Sachs Asset Management, which oversees almost $100 billion in global stocks
“The rise of the millennials will have long-term investment implications,” Koch says. “Their spending trajectory is getting steeper and increasing compared to baby boomers, who are decreasing their spending as they retire.” In 2016, Koch is especially keen on Netflix, Nike, H&M, and PChome Online, a Taiwanese e-commerce company, because they prioritize instant information, quick consumption, and healthy living—themes that resonate with the 2 billion people worldwide born from 1980 to 2000.More of ‘
Whatever It Takes’ From The ECB
Erik Nielsen, chief economist at UniCredit
“Expect further divergence between the Fed and the ECB, with the former hiking rates a couple of times next year and the latter expanding its balance sheet more than it has presently announced.”