(Yahoo News) Goldman Sachs analysts believe investors and traders in the stock market are acting irrationally. “Cognitive dissonance exists in the US stock market,” Goldman Sachs’ David Kostin said. “S&P 500 (^GSPC) is up 10% since the election despite negative [earnings per share] revisions from sell-side analysts.”
Goldman: ‘Cognitive Dissonance Exists in the US Stock Market’
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