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The section of Goldman Sachs' Wednesday note called "Timing the Peak" seems a little less than bullish: "At the sector level it pays to be alert but patient as returns are generally smaller in absolute terms following the ISM peak." After such a peak, highly cyclical sectors like materials and IT consistently underperform, David Kostin writes.

The section of Goldman Sachs' Wednesday note called "Timing the Peak" seems a little less than bullish: "At the sector level it pays to be alert but patient as returns are generally smaller in absolute terms following the ISM peak." After such a peak, highly cyclical sectors like materials and IT consistently underperform, David Kostin writes. Post your comment!
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