Recently, Goldman Sachs analysts pointed out that although US stocks are still near historical highs, most of their constituent stocks have actually fallen deep into the “bear market range” — this huge contrast indicates that US stocks may have now entered a so-called “invisible bear market.” More importantly, the stock prices of several US tech giants dropped sharply after announcing their earnings reports last week. Goldman Sachs pointed out that this is the first time since this AI boom cycle that the strong performance of US stock giants is insufficient to support stock prices. However, the signals issued by the credit market warned that the current round of US stock pullback may have just begun.
Zhitongcaijing · 2d ago
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Recently, Goldman Sachs analysts pointed out that although US stocks are still near historical highs, most of their constituent stocks have actually fallen deep into the “bear market range” — this huge contrast indicates that US stocks may have now entered a so-called “invisible bear market.” More importantly, the stock prices of several US tech giants dropped sharply after announcing their earnings reports last week. Goldman Sachs pointed out that this is the first time since this AI boom cycle that the strong performance of US stock giants is insufficient to support stock prices. However, the signals issued by the credit market warned that the current round of US stock pullback may have just begun.
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