"Bordering On Silliness" - Goldman's Hedge Fund Honcho Surveys The Soaring Stock Stories

"The rally that won’t quit," is how Goldman Sachs head of hedge fund coverage, Tony Pasquariello, describes the 'silliness' going on in markets today.

Earnings expectations (for what they're worth) have been the driving factor so far in 2024 - as global liquidity, which supported stocks since the pivot at the end of October, has actually contracted in 2024...