Fade the Rally and Focus on HALO Trade Amid ‘Delicately Poised’ Equity Market, Says Goldman Sachs Executive

Fade the Rally and Focus on HALO Trade Amid ‘Delicately Poised’ Equity Market, Says Goldman Sachs Executive

The stock market hit new all-time highs last week, but one Goldman Sachs executive warns that the new momentum could witness some bumps in the road. In a new interview, Goldman partner Bobby Molavi analyzes whether traders should fade or chase the rally that materialized last week. “I think it’s still hard to imagine or believe that the market has been so resilient, given the various things we could worry about. You know? Oil’s back in 1992 dollars. But it’s not back to where we were pre-crisis. Obviously, rates now have kind of normalized a little bit. But the hiking versus cutting dynamic still is probably going to result in cuts coming through slower or later than people hoped for. So, I think it’s delicately poised. I think the market still is pinning itself to the kind of AI capex story. Some of those tailwinds I mentioned, particularly fiscal, when it comes to Europe. Some of those

Source: https://dailyhodl.com/2026/04/20/fade-the-rally-and-focus-on-halo-trade-amid-delicately-poised-equity-market-says-goldman-sachs-executive/