-- Any potential equity market rally is at risk if geopolitical uncertainty escalates further, according to Goldman Sachs Group Inc.Their outlook comes as an extension in the Israel-Hamas conflict threatens to hit the supply of oil and crimp appetite for risky assets. At the same time, investors remain concerned about the path of monetary policy and rising bond yields.
Goldman strategists aren’t alone in warning geopolitics could be a threat for markets. JPMorgan Chase & Co. strategist Marko Kolanovic this week said investors should seek safety as the flare up of geopolitical tensions stoked by conflict in the Middle East is another headwind for risk assets and economic activity.Want a stellar long-term investment you can buy and hold for a decade? Keep your eye on the prize as this stock offers all that and more.
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