Beware of Buying Dips in Equities, Goldman Sachs Strategist Says

Recent rallies in stocks aren’t decisive, strategist says
Valuations not cheap enough, positioning not bearish enough

WATCH: “You can’t trust these rallies at moment,” Goldman Sachs equity strategist Sharon Bell said during an interview on Bloomberg Television.Source: Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Allegra Catelli and Francine Lacqua

September 15, 2022 at 10:22 AM UTC

This article is for subscribers only.

Beware of buying the dip in equities, says Goldman Sachs Group Inc. strategist Sharon Bell.

Speaking on Bloomberg Television, Bell said recent rallies in stocks aren’t decisive nor sustainable over a longer period. The current bear market has further to go, she said, echoing a view expressed Wednesday by Sanford C. Bernstein strategists.