The darkest moment has passed! Goldman Sachs experts accurately predict a buying opportunity for US stocks at the end of August amid this round of pullback

Zhitong
2024.08.13 01:57
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Investors will have a brief opportunity to buy US stocks at a low point at the end of August. Experts at Goldman Sachs predict that the most severe period of market supply-demand imbalance will end at the end of August, due to the easing of systematic fund selling pressure and companies increasing stock buyback efforts. In addition, the buyback window for companies in August to September is at a historical high, with 90% of S&P 500 component stocks in an open buyback window. Investors should be aware that the outlook for September may deteriorate, as the second half of September is the worst-performing two weeks in the stock market throughout the year