Goldman Sachs: Stay Responsibly Bullish Amid Tech Rally

Stocks hit record highs fueled by tech! Goldman Sachs' Tony Pasquariello advises investors to be responsibly bullish, noting historical trends favor stocks when the Fed cuts rates during economic growth. Despite September's usual market struggles, U.S. stocks are up for three weeks. Bank of America strategists foresee continued tech rally gains. Pasquariello favors Nasdaq over Russell 2000, recommending options for risk management. While some areas are overbought, Goldman Sachs urges caution: don't panic sell, but avoid reckless buying. The takeaway? Embrace optimism with a healthy dose of caution amid the tech surge. Hosted on Acast. See acast.com/privacy for more information.