forex.pm forex forum binary options trade

Forex news -forex broker review => Forex => Topic started by: forex4you on Jun 06, 2024, 06:40 am

Title: Goldman Sachs sees a “wall of money” pouring into the US equity market in Q3
Post by: forex4you on Jun 06, 2024, 06:40 am
Goldman Sachs sees  a "wall of money" pouring into the US equity market in Q3

Goldman Sachs' global markets division managing director Scott Rubner with the projection.

  • Says there will be a "wall of money" pouring into the equity market during Q3 this year
  • money from passive equity allocations will come into the stock market in early July
  • will push the current rally higher through early (northern) summer

Cites seasonality:

  • strong seasonal trends coming from retail investors,
  • historically, the first 15 days of July were the best two-week trading period of the year for equities
  • rally tends to fade after July 17


                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Goldman Sachs sees  a "wall of money" pouring into the US equity market in Q3 (https://www.forexlive.com/news/goldman-sachs-sees-a-wall-of-money-pouring-into-the-us-equity-market-in-q3-20240605/)

forexlive.com