Goldman’s Rubner Orders SPX 7K Hat

If you ask Goldman's Scott Rubner, the S&P's likely to hit 6,200 by year-end, and who knows, maybe 7,000 before next summer. This is, he reminded market participants, the "best seasonal period of the year for US equities," and the retail crowd's pretty fired up, as evidenced by, for example, manic gains in crypto. If you're curious, it's actually "normal" for US shares to consolidate right about now. The figures below show you the seasonal looking back a century, with the consolidation sha

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