Goldman Makes a Run for It
The market is pointing to a slightly positive open - which makes sense considering we're now over 22% down on the year on the S&P 500. The sad part: If we do bounce people will thump their chests and high-five telling us how right they were in once again calling a bottom. My frustration level over this has never been higher: As a money manager dealing primarily with retail investors I've been staring into the faces of these people for months on end as they've seen their life savings go up in smoke. They tell me that so-and-so told them ...
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