Market Correction Is 'Healthy,' Says Goldman Sachs Executive
CryptoNewsTerminal Staff05 Aug, 2024
Market Correction Is 'Healthy,' Says Goldman Sachs Executive
Goldman Sachs managing director Christian Mueller-Glissmann stated in a recent Bloomberg TV interview that the market correction is "somewhat healthy." He added that despite some weak U.S. government data, the bank's economists are not overly concerned. Mueller-Glissmann stated that the correction is a reminder that markets do not only move up. He also noted that it is an opportunity for investors to adjust their portfolios and potentially buy stocks at lower prices.