US households will sell $750 billion in stocks this year amid higher rates and sticky inflation, Goldman Sachs says

US households will sell $750 billion in stocks this year amid higher rates and sticky inflation, Goldman Sachs says

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Amanda Perobelli/ Reuters Goldman Sachs estimates that US households are likely to sell $750 billion of stocks in 2023. Retail investors are turning toward fixed income amid the Fed's monetary tightening campaign. A higher-than-expected savings rate and the rise in bond yields are driving the…

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