Trading

GameStop becomes blip as Goldman, Morgan Stanley see stock rally raging on

Goldman Sachs said that while the surge in retail trading may continue, earnings, valuation and economics support S&P 500 rising 16% to 4300 this year

Goldman Sachs and Morgan Stanley are among US stock bulls, saying the GameStop mania is
Goldman Sachs and Morgan Stanley are among US stock bulls, saying the GameStop mania is Photo: Getty Images

The surge in retail trading in companies like GameStop fuelled by Reddit message boards has threatened to upend equity markets and disrupt hedge fund investors.

Just a small pocket of disruption in an otherwise strong rally, say analysts.

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