Goldman says stay defensive on stocks into next year, the bottom is not yet in

Goldman says stay defensive on stocks into next year, the bottom is not yet in

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Investors should continue to position themselves defensively going into 2023 as the stock market hasn't yet hit its trough, according to a team of strategists at Goldman Sachs. "We remain relatively defensive for the 3 [month] horizon with further headwinds from rising real yields likely and…

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