The market’s challenges may persist, prompting Goldman Sachs to stay cautious on recommending stocks even though they are at far cheaper levels than six months ago.
“Until the growth/inflation mix improves volatility is likely to linger as investors are shifting between inflation frustration and recession obsession,” Goldman Sachs strategist Christian Mueller-Glissmann wrote in a new note to clients, adding that Goldman is positioned “defensively” for the next three months until macroeconomic…
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