Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

65% of Goldman Sachs professionals think the stock market is going to crash within the next 6-8 months

By Jacob. Originally published at ValueWalk.

Stock Market Crash

Will the stock market crash? More than 1/2 of professionals think so


Q2 2020 hedge fund letters, conferences and more

Stocks rose today, with the S&P 500 and Nasdaq adding to last week’s record levels. However, on Blind, an anonymous professional network with 3.6M verified users, a Walmart Corporation professional ran a poll asking, “Do you think *the* stock market is going to crash badly within the next 6-8 months?”

Is The Stock Market Going To Crash?

The poll had 8,002 responses and robust dialogue with 580 professionals commenting on their own predictions, here are some key learnings:

  • 55% of professionals responded “yes”

    • 65% of Goldman Sachs professionals think there is going to be a crash within the next 6-8 months
    • 64% of JPMorgan Chase & Co. professionals think the stock market is going to crash within the next 6-8 months
    • 69% of Airbnb professionals think the stock market is going to crash within the next 6-8 months
    • 51% of Facebook professionals think there is going to be a crash within the next 6-8 months
    • 48% of Facebook professionals think there is going to be a crash within the next 6-8 months

You can see the report highlighting the overall responses here.

A user at LinkedIn responded to the poll saying,  “Some companies aren’t worth $2T or 10% of US GDP. But then the bubble could keep blowing so it’s hard to say when it’s going to pop.”

Another user at Microsoft responded to the poll saying, “If anyone tells you what’s going to happen in the stock market they are either stupid or in on it”

With Silicon Valley technology firms being known for giving stock to their professionals, their predictions for a stock market crash are particularly interesting.

What do you think? Tell us by sounding off in our comments section.

The post 65% of Goldman Sachs professionals think the stock market is going to crash within the next 6-8 months appeared first on ValueWalk.

Sign up for ValueWalk’s free newsletter here.


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!