Though ending his bearish stance on Goldman Sachs (GS +7%) yesterday, Rochdale's Dick Bove...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

Though ending his bearish stance on Goldman Sachs (GS +7%) yesterday, Rochdale's Dick Bove thinks investors should stay on the sidelines for now, as irrational fiscal and monetary policies lead to irrational market activity. Bove also thinks U.S. debt obligations and trade deficits mean the dollar's days as the reserve currency are numbered.