"Is it time to enter the market?" Goldman Sachs' risk chief turns bullish on risk assets
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As the market awaits guidance from the White House, Goldman Sachs Chief Strategist Josh Schiffrin stated in an email to clients that, despite his previous negative stance on risk assets, he has now turned bullish and believes it is time to start building positions in batches. He thinks the current market downturn is temporary, and prices are expected to rise in 6-12 months, with trade negotiations and tax reduction policies potentially driving a market rebound
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