Goldman Sachs expects record stock market highs in the next four weeks, but there are conditions

Goldman Sachs expects record stock market highs in the next four weeks, but there are conditions

Kyiv  •  UNN

August 20 2024, 08:35 AM • 20775 views

Goldman Sachs expects new record highs in the stock market over the next 4 weeks. However, a decline is expected after September 16, so investors are advised to be prepared to exit the market.

Over the next four weeks, investors should prepare for new record highs in the stock market, but then there could be a downturn.

Writes UNN with reference to markets.businessinsider.

Details

In , a report by Goldman Sachs' trading department suggests that investors should prepare for new record highs in the stock market over the next four weeks. However, they also advise preparing for a market exit.

It points to a “very positive four-week trading window for equities.” After that, one should be cautious, according to Goldman's trading department.

The corporate buyout window from August to September is historically strong. This two-month period is the second best of the year with 20.7% of the total

- Managing Director Scott Rubner informs.

According to the expert, he is “optimistic until September 16” because “that's when seasonal changes occur.

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It is important that the second half of September, according to Rubner's forecasts, is the worst two-week trading period of the year, which “should not be overlooked.

Despite expectations of a period of negative volatility in the second half of September, a Goldman Sachs representative estimates that the stock market will end the year at record highs.

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