Goldman Flows Guru Says "Keep A Market Melt-Up On Your Bingo Card" For July, But...

"I have seen things get crazy in July, particularly during the post-covid trading era. I have to keep a melt-up on my bingo card. .."

That is the subtle warning that Goldman Sachs flow of funds guru, Scott Rubner, sent to clients in his latest note this morning as he offers some thoughts beyond today's CPI and FOMC statement

a. The S&P 500 closed at the 27th all-time high this year.