Goldman’s Rubner Sees Dip-Buying Window In ‘RINO’ US Equities
"This is a no rules market," Goldman's Scott Rubner said Monday, writing from West Palm Beach.
Rubner, some readers might recall, predicted a swoon for equities in early August, even as he didn't get the fund outflows he was looking for. Now, he sees a "very positive" window for stocks between this week and the September FOMC meeting. The "pain trade," he said, is higher following the onset of two-week vacation blocks.
The figure below illustrates the largest nine-session VIX decline in histor