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Goldman makes a big call on an EU comeback, recommending going long a basket of European firms...

  • Monday, August 20, 2012, 8:39 AM ET
    Goldman makes a big call on an EU comeback, recommending going long a basket of European firms with high domestic sales exposure against a short of companies with high U.S. exposure. Jeff Gundlach's May recommendation of long Spain vs. short U.S. is working, EWP outperforming SPY by 400 bps since.
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This news story has 3 comments:

  •  
    Must be "fleece the muppets" time at Goldman again...
    20 Aug 2012, 09:07 AM Reply Like
  •  
    Why put on a pairs trade? just get long EVERYTHING, because everything is fixed!!
    20 Aug 2012, 09:25 AM Reply Like
  •  
    Makes no sense. If the ECB will not sell bonds this is just a trade for a short swing, not a trend, nor even a long swing.
    20 Aug 2012, 08:44 PM Reply Like
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