Goldman: US stocks to keep ‘ping-pong’ swings despite S&P rally

TREE NEWS reports: Goldman Sachs Asset Management co-head of client portfolio management Katherine Bordlemay predicts US equities will continue to rise with volatility, with individual stock swings masking calm in major indices. Earnings, not valuations, are the main buffer against rising Treasury yields. She is optimistic on unloved sectors, particularly US healthcare and international developed markets.