Goldman Sachs: Investors' risk appetite rises to high levels, market sentiment remains optimistic

Odaily Planet Daily reports that Goldman Sachs research analysts pointed out that despite escalating geopolitical risks, investors’ risk appetite has increased from December last year to January this year. According to the firm’s research, investors are increasing borrowing to support trading, with margin account leverage soaring sharply since April last year, reaching the highest level since 2021. The study also shows that retail investors are increasingly choosing assets outside the “Big Seven” U.S. stocks, expanding their exposure to different regions. Investors are also increasingly betting against the VIX volatility index, with short positions relative to long positions reaching a ten-year high, indicating that the market generally expects volatility to decline. (Jin10)