Goldman Sachs: The rise in U.S. stocks requires monetary policy support to continue

ME News Report, April 17 (UTC+8), Goldman Sachs Asset Allocation Research Head Muller-Greisman stated that the recent rise in U.S. stocks requires the Federal Reserve to restart rate cuts to sustain the momentum. He described the stock market rebound as a "rapid and fierce recovery phase," partly driven by technical factors, including hedge funds being forced to rebuild positions. Although the S&P 500 is expected to rise over 3% for three consecutive weeks, he questions whether the rally can be sustained without monetary policy support. (Source: ChainCatcher)
SPYX0.64%
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OwlMarketMonitoringLamp
· 3h ago
So the current market trend is betting on interest rate cuts? Then Powell's one statement can crash the market.
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GateUser-c4e25c95
· 4h ago
The US stock market is now entirely held up by expectations of interest rate cuts; once the data repeatedly disappoints, it immediately changes direction.
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