A note from Goldman Sachs on US stocks, comments ion brief:
August equity-market flows are typically the slowest of the yearmarkets have historically pulled back from mid-July highson guard for a “late summer equity market correction” if earnings disappoint and investors begin to focus on the autumn election resultspain trade has shifted from the upside to the downsidebuyers are full and running out of ammo after the best trading days of the year are now behind us
This article was written by Eamonn Sheridan at www.forexlive.com.
