The US stock market is about to arrive at an opportunity with a short push buy - Goldman's Mr. Rubner
2024/8/12 23:52 JST (some excerpts)
“The supply-demand mismatch is coming to an end” to a tactical bullish shift on August 30
Rubner recommends reducing stock exposure as of late June
Goldman Sachs Group's Scott Rubner predicts that the US stock market will have a short opportunity at the end of August. The same person, managing director and tactical specialist of the Global Markets Division, explained that this is because selling pressure from systematic funds has abated and corporate stock buybacks have become active.
“This is our last bearish call in August. “The worst stock supply and demand mismatch for August is coming to an end,” Rubner pointed out in a report on the 12th. It was written that stocks would turn tactically bullish on August 30.
“The supply-demand mismatch is coming to an end” to a tactical bullish shift on August 30
Rubner recommends reducing stock exposure as of late June
Goldman Sachs Group's Scott Rubner predicts that the US stock market will have a short opportunity at the end of August. The same person, managing director and tactical specialist of the Global Markets Division, explained that this is because selling pressure from systematic funds has abated and corporate stock buybacks have become active.
“This is our last bearish call in August. “The worst stock supply and demand mismatch for August is coming to an end,” Rubner pointed out in a report on the 12th. It was written that stocks would turn tactically bullish on August 30.
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