Is it time to buy on dips? The selling pressure in the US stock market may be coming to an end
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Goldman Sachs data shows that after a month of sharp decline, buying into the US stock market usually results in positive returns. The S&P 500 index has dropped by 8.5%, with the Costin team stating that a 10% pullback is a buying opportunity. JPMorgan Chase's quantitative strategist stated that institutional investors buy in when the stock market falls. Goldman Sachs predicts further global stock market declines, while Citigroup indicates that the economic recession has not yet been reflected in stock prices. Citigroup suggests buying on dips, but more signs of liquidation are needed
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