Goldman Sachs Predicts Short-Term Stock Market Rally, Downturn to Follow

Goldman Sachs` trading desk, led by Scott Rubner, predicts the stock market will reach new highs in the next four weeks due to low volatility and corporate buybacks. This period, coinciding with typical end-of-summer bullish trends and a surge in buybacks before a blackout period starting September 13, creates a favorable environment for stock prices. However, Rubner anticipates a downturn after September 16, citing historically poor market performance in the latter half of September and a shift in seasonal trends.