Goldman's Flows Guru Is On 'All-Time High Watch' But Warns "This Is When Seasonals Change"

The S&P 500 is just a few bps short of its all-time high (despite yields declining, growth-scares building, and a Fed that is now admitting the fecal matter is nearly striking the rotating object)...

goldmans flows guru is on all time high watch but warns this is when seasonals change

...and Goldman Sachs flow of funds guru, Scott Rubner, is back on "all-time high watch" (which he expects to be hit this week), and that FOMO will increase when the new highs headline hits.

Authored by Tyler Durden via ZeroHedge August 26th 2024