Goldman Sachs: U.S. pensions may dump $33 billion in stocks by end of September

BlockBeats news, September 30: Goldman Sachs expects that around the end of September, U.S. pension funds may sell off approximately $33 billion in stocks, a flow magnitude in the 98th percentile since 2000.

At the same time, systematic CTA flows could partially offset the pension selling pressure. If the stock market remains flat, CTAs are expected to buy $11.5 billion in stocks globally; if the market rises, purchases could approach $30 billion. If the market falls, CTAs may instead sell an additional $15.8 billion in stocks.