Goldman Expects the S&P 500 to Fall as Much as 10 Percent Before Ending the Year at 2,100
It's better to stay on the sidelines for now.
What's Ahead for Global Markets?
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According to Goldman Sachs Group Inc., now is not the time to buy stocks.
In a new note from Chief U.S. Equity Strategist David Kostin and his team, the firm says it expects there to be a pullback of as much as 10 percent in the S&P 500 before it makes a comeback to 2,100 later this year.