Goldman Sachs released a note telling investors to stick with Asian stocks after a blistering first-half rally. Read that sentence again. They watched the rally happen. They let it run. Now they're recommending you chase it.
This is the financial equivalent of your friend telling you about Bitcoin in December 2017. Hey man, it's up 2000% this year. You should definitely get in now. What could go wrong.
The note also suggests diversifying into commodities. Diversifying. As if buying two asset classes that already ripped means you're Warren Buffett spreading risk across insurance and railroads. You're not diversified. You're just late to two parties instead of one.
Goldman's position here deserves respect. They're essentially publishing a map to the exit and calling it the entrance. It's not even subtle. Asian stocks still have room to run. That's not analysis. That's a Hail Mary wrapped in a Bloomberg terminal.
Retail traders will read this and think Goldman knows something they don't. Goldman does know something. They know you're holding the bag while they're already rotating into whatever comes next. They're not buying Asian equities right now. They're writing research notes about them. Spot the difference.
The commodities angle is even better. Commodities are notoriously easy to time and never whipsaw retail accounts into oblivion. Just ask everyone who bought crude oil ETFs in 2020 and watched them go negative. Those people are doing great. They're probably reading Goldman research right now, ready to try again.
This isn't investment advice. This is Goldman creating exit liquidity with a laser printer and a distribution list. They're not wrong about Asia or commodities. They're just not talking to you when the trade still works.
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