Think long-term, with a 'one-to-two year horizon': cio of goldman
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During times of uncertainty investors need to think of the long-term, Sharmin Mossavar-Rahmani, chief investment officer of private wealth management at Goldman Sachs told CNBC on Thursday.
"The general trend in our view is upward. But people can't think and trade in terms responding to these short term numbers—like the non-farm payroll numbers, retail sales—all can
change around," Rahmani said. "Our tactile views tend to have about a one-to-two year horizon," she said. Rahmani thinks that once we're past the November 2 midterm
elections that "this cloud of uncertainty will dissipate." Your Money Your Vote - A CNBC Special Report "It actually doesn't really matter what the election results are,
whether it's Republican or Democrats, generally a little more certainty has been good for the markets," Rahmani said.