PremiumThe S&P 500 (cap-weighted) sits just 1% from the highs - and the equal-weighted S&P 500 keeps making higher highs - yet, as Goldman Sachs head of hedge fund coverage, Tony Pasquariello, warns, the trading environment has been far from easy in recent weeks.
Goldman's Pasquariello Warns "The Character Of The Market Has Changed Noticeably"
...the durability of the US economy, superb earnings growth and unrelenting household sponsorship... versus a more complicated AI narrative and an accumulation of speculative leverage...
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