"We are buyers of this red market weakness today" says Goldman Sachs flow-of-funds guru, Scott Rubner, after a hotter-than-expected CPI print wiped the lipstick off the pig of the goldilocks narrative.
There is competition for what he calls "Dip Alpha" - who can buy-the-dip the fastest - and that will pull us back to all-time-high watch in US equities after a low participation (and too random) week to start the year.
