Goldman's Biggest Bear Flips: "That Is The Only Question You Need To Ask This Weekend"

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by Tyler Durden
Sunday, Oct 30, 2022 - 05:00 PM

Heading into this week - the heart of earnings season with nearly half of the S&P500 by market cap was set to report including the FAAMGs - we repeatedly tried to warn readers that with the midterms looming, with buyback blackout period set to end, and with hawkish Fed members in the pre-FOMC quiet period, a meltup was inevitable :

For the skeptics, we even spelled out the two main catalysts that would push stocks higher: buybacks and forced CTAs short covering