Goldman Sachs Abandons Five of Six 'Top Trade' Calls for 2016

Bloomberg- "Goldman Sachs to clients: whoops. Just six weeks into 2016, the New York-based bank has abandoned five of six recommended top trades for the year.
The dollar versus a basket of euro and yen; yields on Italian bonds versus their German counterparts; U.S. inflation expectations: Goldman Sachs Group Inc. was wrong on all that and more."

We believe this is good news for potentially allocating to markets such as ours, and highlight the article's note regarding the weaker rand vs peso call being reversed.

Click here for the full article.

Nile Capital Management

We Know Africa: From Cairo to Cape Town

For more information please call 646-367-2820