"U.S. stock markets will experience a pullback from their record highs at the end of February, according to David Kostin, Goldman Sachs' chief U.S. equity strategist, who believes that fund managers have become too bullish on the market."
"The U.S. equity markets are likely to experience a pull-back some time in the next 4-6 weeks and that would be pretty consistent with the magnitude of an extreme reading we see in the commodities futures trading corporation data," he told CNBC Monday.
Kostin here
A pullback "consistent with the extreme reading" .......
gh
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