Goldman warns any S&P 500 rally could be short-lived amid geopolitical risks
Goldman Sachs strategists have issued a cautious outlook for the potential rally in risk assets, particularly stocks, as the year draws to a close. TheGoldman believes that any rally in the S&P 500, and stocks in general, may be modest and short-lived due to persistent geopolitical risks that are fueling concerns about economic growth.
It's worth noting that fund flows are also giving mixed signals while inflows into “safe” bonds remain robust, which indicates a growing wariness among investors.
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