Goldman Strategist Sees High Chance of 10% [U.S. stock] Market Drop,

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eschwerin@rosemontseneca.com

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2014-04-09 13:35:32

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Biden Hunter <hbiden@senecaga.com>

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BUSINESS BURST - ""Goldman Strategist Sees High Chance of 10% [U.S. stock] Market Drop," by Bloomberg "Mark Insights" columnist Michael P. Regan: "Goldman Sachs Group Inc. [chief U.S. equity strategist] David Kostin [says t]here's ... 67 percent odds of a 10 percent retreat from a peak in the next 12 months. ... [H]is rationale is [that] the market has gone way too long without a ... correction ... He still expects the market to end the year higher, though not by much. ... Next year will be better in Kostin's view."http://goo.gl/yZGeyS

Eric D. Schwerin
eschwerin@rosemontseneca.com

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