Goldman’s Pasquariello Says Be ‘Responsibly Bullish’ on Stocks

Goldman Sachs' head of hedge fund coverage, Tony Pasquariello, advises investors to be "responsibly bullish" on stocks. His recommendation comes as the stock market continues to reach new all-time highs, driven largely by the performance of major tech companies. Pasquariello's stance suggests a cautious optimism, as he recognizes the current strength of the market but also advises investors to be responsible in their approach. This implies a balanced perspective, where investors should capitalize on the market's upward momentum, but also remain vigilant and prepared for potential volatility or market corrections. The article highlights the need for investors to maintain a level-headed and measured approach, even in the face of a seemingly unstoppable bull market. Pasquariello's guidance underscores the importance of balancing risk and reward in investment decisions, rather than succumbing to excessive exuberance or unfounded pessimism.