The S&P Has Bottomed

🗝🗝 Goldman Sachs Chief Global Equity Strategist Peter Oppenheimer says that Goldman’s Risk Appetite Indicator, which looks at different risk premia, indicated that on the basis of trends seen from similar levels in the past, “the market … is getting a bit oversold”
“The S&P 500′s -12% decline from its peak suggests much of the froth has been taken out,” says Savita Subramanian, equity and quant strategist at Bank of America Securities
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