You know it’s coming, right? So does Joe Ciolli:
Add Goldman Sachs to the list of Wall Street firms growing increasingly skeptical about the stock market’s record-setting run. The firm’s global equity strategy team weighed in Monday, noting that worldwide stock markets are off to their best start in more than 30 years.
Peter Oppenheimer at Goldman Sachs:
A correction of some kind seems a high probability in the coming months. We do not believe that this would be prolonged or morph into a bear market, and so would see it as a buying opportunity.
If you have money. President Trump is responsible for the stock market surge, but President Obama and the Democrats will be responsible for the drop.