Goldman Sachs: Risk Appetite Has Recovered to Pre-Iran War Levels

BlockBeats News, April 27th, according to Goldman Sachs analysis, investors' risk appetite has rebounded to pre-war levels. The analyst wrote that as investors bet that the worst-case scenario of the US-Iran war would not occur, stock market volatility has dropped significantly.

The analyst stated that US retail investors have re-entered the stock market, and automated trading has also driven the stock market up. As part of the return of risk appetite, in the four weeks leading up to last Wednesday's close, investors withdrew nearly $125 billion from money market funds, which are usually seen as safe havens.

The analyst said that this cash flow is one of the largest outflows on record.