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Goldman, JPMorgan Say Buy the Dip as Inflation Is Transitory

  • Strategists see stock markets rebounding after recent weakness
  • Inflation tops list of concerns for investors, DB survey shows
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Envestnet's D'Auria on the Great Inflation Debate
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Stagflation fears may be rising, but strategists at some of Wall Street’s biggest banks say it’s a good time to buy the dip in stocks.

“Despite near-term uncertainty, we expect the equity market will continue to rally as investors gain confidence that the current pace of inflation is transitory,” Goldman Sachs Group Inc. strategists led by David J. Kostin wrote in a note to clients.