Goldman Sachs: US stocks pullback not over yet

Although the declines in the United States stock market seem to be slowing down, analysts at Goldman Sachs (NYSE: GS), particularly the global investment banking giant’s tactical specialist Scott Rubner, believe that the pullback is far from over and more dips could be in store.As it happens, Rubner was talking to the bank’s clients who asked if the recent pullback indicated a sufficient reduction in equity exposure last week, to which he said “my reply is no,” adding that Goldman clients have been reducing ...