Markets

‘High valuations will become a speed limit’: A Goldman Sachs portfolio strategist warns the stock market’s record-setting August is setting traders up for disappointment

Summary List Placement Christian Mueller-Glissmann, a portfolio strategist at Goldman Sachs, told CNBC on Wednesday that markets have been boosted to high valuations with the help of policy support. But he warned that those lofty prices make stocks more vulnerable, and will act as a “speed limit” in the future. […]
‘High valuations will become a speed limit’: A Goldman Sachs portfolio strategist warns the stock market’s record-setting August is setting traders up for disappointment