The Traderszone Network

Published in TZ Latest News 7 October, 2014 by The TZ Newswire Staff

The "Dash-For-Trash" Is Over, Goldman Flip-Flops

Just a month ago, Goldman Sachs’ head progonsticator David Kostin went full bulltard, telling clients to buy high-beta, high-momentum stocks because (paraphrasing) “hedge funds suck” and will need to play catch-up. Today, his tune has changed. The “dash-for-trash” meme has outperformed dramatically in the last few years as Fed experimentation breathed life into the zombie-est weak-balance-sheet companies and traders rode that artificial wave.

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