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'The Yards Will Likely Be Harder' From Here: Goldman's Pasquariello Sees Two Core Challenges Facing Bulls

Tyler Durden's Photo
by Tyler Durden
Authored...

The S&P 500 went wire-to-wire this week, extending its winning streak to nine straight weeks (call it every single week since the ceasefire was declared) as markets ended the week pricing a smaller Middle East left tail rather than a completed peace deal, helping to firm risk appetite as President Trump weighed final approval of a 60-day US-Iran truce extension.

The first consideration is positioning