Goldman’s Rubner Sees FOMO in the Market Ahead of Key Inflation Data
- Upcoming inflation data may spur gains for stocks, bonds
- US equity inflows may be up to $13.2 billion over next week
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US stocks and bonds may rally this week as traders keep building long positions across asset classes heading into key inflation data, according to Goldman Sachs Group Inc.
“I am starting to see some real FOMO start to develop based on incomings last week,” Goldman’s Global Markets Division managing director and tactical specialist Scott Rubner wrote in a note to clients Monday.