Invest in alarm clocks
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Goldman says the sell-off is just about over and tells investors to get back into growth stocks
While investors wait for the sequel to last week's market sell-off, Goldman Sachs strategists think the worst of it already may have passed. As Wall Street recovered from a nearly 6 percent sell-off from the most recent high in the Dow industrials that knocked more than 1,500 points off the blue chip index, Goldman's experts said solid fundamentals should help keep a floor for stock prices. "We see limited further downside," David Kostin, the firm's chief U.S. equity strategist, said in a note. He added that the kind of pullback the market saw last week was common. "Despite the recent sell-off, equity fundamentals ... (full story)
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- Oct 15, 2018 2:39pm Oct 15, 2018 2:39pm
- Tony112
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- Jr123
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- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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- Tony112
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Invest in alarm clocks
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- ivofx
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