Goldman Sachs Trader Concerns

Despite US stocks hitting new highs, Goldman Sachs macro traders are worried: bad news could really become bad news, what if rate cuts come too late?

A six-week window period is coming up, with the last two weeks of July being the focus. During that period, about 30% of Stoxx 600 and S&P component companies will release earnings reports. Many factors are already priced in, especially for large-cap US stocks, and any earnings disappointments could be severely punished.