Goldman’s Rubner Sees FOMO in the Market Ahead of Key Inflation Data

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Goldman Sachs Group,Scott Rubner,Stocks And Bonds

(Bloomberg) -- US stocks and bonds are facing an upside risk this week as traders keep building long positions across asset classes heading into key...

-- US stocks and bonds are facing an upside risk this week as traders keep building long positions across asset classes heading into key inflation data, according to Goldman Sachs Group Inc.Global Chips Battle Intensifies With $81 Billion Subsidy Surge

“Roaring Kitty is back, the message boards are going crazy this morning,” said Rubner. “It is time for a thread.” Rubner says CTA equity and fixed-income demand is notable in the next week with a so-called “green sweep” showing up in most of Goldman’s models. This means investors will keep piling into US stocks and bonds even if the market goes down.Without specifying the magnitude of a potential upward or downward move in the S&P 500, he noted that inflows into US stocks can be between $7.6 billion to $13.2 billion over the next week.

Buffett sold $17 billion of stocks and amassed a record $189 billion cash pile last quarter because he knows the fun won't last, Paul Dietrich said.Utility stocks are on fire — here are Wall Street analysts' top picksIf you've taken the advice to save as much money as in an emergency fund or other form of savings, you should feel entitled to take out money when needed. That's what it's there for, after all. Learn...

 

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