"I Am On Correction Watch" - Goldman's Fund Flow Guru Turns 'Tactically Bearish'

After the last four days of melty-uppiness in markets, Goldman Sachs' flow of funds guru, Scott Rubner, is fearful that it's all too good to be true.. for now..."August - I am on Correction Watch"

"This is the last bullish US Equity email that I will be sending out for now," he begins his morning note to clients, noting that "the last standing bears have capitulated and everyone is in the pool."

And, as the melting-up continues this morning...

Authored by Tyler Durden via ZeroHedge July 8th 2024