Goldman Sachs Has Bad News for Investors Rushing to Buy the Dip
- GS Risk Appetite Indicator below zero may have farther to fall
- Deutsche Bank sees turnaround in the next three to four weeks
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Goldman Sachs Group Inc. is issuing words of caution for dip buyers plunging back into stocks: The December volatility breakout has room to run -- and risk gauges aren’t yet flashing buy signals.
The hawkish tilt from the Federal Reserve just as the omicron variant spreads will continue to create all manner of trading challenges in the near-term, according to Christian Mueller-Glissmann, managing director of portfolio strategy and asset allocation at the firm.