The fixed income strategist sees arbitrage opportunities in Europe, even with negative yields, and likes mortgage-backed securities in the U.S., but warns it is not a time to be married to any one position.
Investment strategist Andy Rothman said he was "90% sure" there would be a trade deal between the U.S. and China by month's end during the discussion at the Schwab IMPACT Conference in San Diego.
Goldman Private Wealth Management’s preference for U.S. equities comes amid an array of challenges haunting European stocks, including Germany’s recession.