With stocks experiencing their best 3-day run in six months, Goldman Sachs is quick to prepare the "use the recent downdraft to build toward their strategic allocation to equities" meme. In 16 pages of bright-and-breezy charts and commentary, Goldman interprets the Fed's (dovish) commentary, explains the dovish implications to buy stocks and risky debt, and throws cold-water on the fears of China.
Contrast this bonds bad, stocks good perspective with Jeff Gundlach's dismissal of the great rotation meme earlier.
