Trading

GameStop becomes blip as Goldman, Morgan Stanley see stock rally raging on

Goldman Sachs said that while the surge in retail trading may continue, earnings, valuation and economics support S&P 500 rising 16% to 4300 this year

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Goldman Sachs and Morgan Stanley are among US stock bulls, saying the GameStop mania is Photo: Getty Images

The surge in retail trading in companies like GameStop fuelled by Reddit message boards has threatened to upend equity markets and disrupt hedge fund investors.

Just a small pocket of disruption in an otherwise strong rally, say analysts.

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