Posted 1/9/2024, 11:26:00 AM
Goldman Sachs: Use Stock Pullbacks as Buying Opportunities, But Stay Alert on Rates and Geopolitics
- Use market pullbacks as buying opportunities for stocks - Goldman Sachs strategists
- Elevated bullish positioning doesn't necessarily indicate bearishness without economic deterioration
- Positioning levels present chances to capitalize on dips after pullbacks
- Swift rise in interest rates could prompt equity weakness in the near term
- Remain vigilant of rate moves, geopolitics, and other local factors with global inflation implications