Some analysts say last night rally is due to Goldman Sachs slashing crude oil price forecast to $86 from $95 bbl plus a GS analyst bumped up the year end price for benchmark S & P to 4500 from prior view of 4000
Morgan Stanley disagrees and predicts an ongoing bear market and that a Fed pause may awaken the bear as liquidity headwinds ramp up
Who knows?
I’m siding with MS
Gl
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- Monday the 12th …Martyn clocking up the PIN WINS
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