"The Return Of YOLO Was Not On My Bingo Card For Feb" - Goldman Flows Guru Warns US Equities Have "Entered A Period Of Euphoria"

US Equities have "entered a period of euphoria," according to Scott Rubner, Goldman Sachs' flow of funds guru.

Rubner adds that it "has proved impossible to call the top and analysts are upgrading their year-end price targets by the day given the Goldilocks and soft landing narrative from the market."

Before previewing March flows, Rubner comments that 'the return of the YOLO' was not on his February bingo card, as activity on the message boards is at the highest level since March 2020.