U.S. pension funds are projected to sell approximately $33 billion in stocks as September ends, according to a note Monday from Goldman Sachs. That selling flow ranks in the 98th percentile of the firm's data dating back to 2000. At the same time, commodity trading advisors are positioned to buy around $11.5 billion in stocks globally if markets remain flat through the week, the trading desk said. The buying could increase to $29.9 billion if stocks rise, while a market decline would trigger selling flows of about $15.8 billion.
Goldman Sachs Group IncGoldman Sachs is the source of the note projecting $33B in pension-fund stock selling, but the flow forecast is not a company-specific development for Goldman itself.
NVIDIA Corporation