Category: Goldmans
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Stocks will hit fresh highs in the next 4 weeks — but investors should be careful around this key date, Goldman’s trading desk says
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Krisanapong Ditravhath/Getty Images; Jenny Cheng Rodriguez/Illustration via PI Goldman Sachs’ trading desk expects the stock market to hit record highs in the next four weeks, followed by a period of decline. The low volatility environment and corporate buybacks are what drive Goldman’s bullish outlook through mid-September. “We just saw one…
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Goldman’s Pasquariello: ‘It is now a good time to tap the brakes on equities’
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Deepblue4you/iStock via Getty Images Nasdaq Total Returns (NASDAQ:QQQM) During the first half of this year, it rose by 18%, while the S&P 500 (SP500) index gained by 35% since its lows in October. Additionally, since late April, stocks of major U.S. tech companies have risen 24%. But Goldman Sachs’ Tony…