Stocks May Fall More – Then It’ll Be Time to Buy, Goldman Says

The China-led rout that is sending shock waves through global markets may get worse, and if it does, that’s when investors should turn back to equities, says Goldman Sachs Group Inc.’s Christian Mueller-Glissmann.

The stock strategist is neutral on global stocks — and has been since August — but he says any further drops would create opportunities to invest. He prefers European shares because they’re cheaper than U.S. ones, and the region’s companies have bright earnings-growth prospects, according to him.

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