Balance of Risks Favors Stock Bulls, Goldman’s Pasquariello Says
A trader works on the floor of the New York Stock Exchange.
Photographer: Michael Nagle/BloombergTraders are pondering a moment of weakness embedded in a multi-month rip higher for stocks, yet the market on balance looks poised for further gains, said Goldman Sachs Group Inc.’s Tony Pasquariello.
Market players are asking lots of questions, with no shortage of arm wrestling around key issues, he said, and the tension is not entirely unhealthy.