Strategists From Goldman Sachs to UBS Say Buy Dip in Stocks By Bloomberg – Investing.com

Strategists From Goldman Sachs to UBS Say Buy Dip in Stocks By Bloomberg – Investing.com

(Bloomberg) --

Unfazed by the stock market’s bumpy start to the year, strategists from Goldman Sachs Group Inc (NYSE:) to UBS Global Wealth Management reiterated their bullish calls on bets that equities can weather higher interest rates and rising bond yields.

“The selloff in some long duration high quality names might be overdone soon,” Goldman strategists led by Cecilia Mariotti wrote in a note dated Monday. With real yields not expected to move much higher, “valuations are unlikely to become a binding constraint for equities,” the strategists wrote in a note.