Let’s talk volatility. The NASDAQ kicked off this week with a dip into correction territory, a fall to just over 10% below its February peak. And now? After three trading sessions, the index has bounced back by 5.5%. Behind the volatility lies an economy that may be gearing up to blast off. The strategy team at Goldman Sachs sees the February jobs numbers, along with the COVID relief package in Congress (the House has just passed the Senate version, sending the bill to President Biden’s desk), as net positives. Goldman economist Jan Hatzius predicts a 7.
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