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Goldman's Bordlemay Sees `Ping-Pong' Pattern for Stocks

Source: youtube.com

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Goldman's Bordlemay Sees `Ping-Pong' Pattern for Stocks

Goldman Sachs Asset Management’s Katherine Bordlemay expects a continued “ping-pong of volatility” in US stocks despite major indexes grinding higher. She attributes the relative cushion to stronger earnings that have helped offset the headwind from rising US Treasury yields. Overall, the message points to a choppy tape rather than a sustained risk-on trend.

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