D. Kostin: There will be a difficult second half of the year for the markets

US indices closed the first day of the new quarter slightly on positive territory. Investors, however, should not be granted much, because they may be in difficult months.
We can only recall that historically July and August are one of the most volatile months of the year. Remember what happened in August of 2016?
The number of financial experts who warn stock market investors to watch out for the second half of the year is rising. And one of them is David Kostin, the head of the Goldman Sachs Equity Investment Unit.
Kostin commented that, on the one hand, there is a serious geopolitical tension and, on the other hand, the Fed's rise in interest rates, from which they seem to be seriously worried about inflation.
In addition, Kostin predicts further interest rates on 10-year US government bonds rise, which should also cause problems for stock markets.
Of course, the situation is not entirely "black" according to Kostin. He believes companies with good balance, such as Facebook, will perform well in the second half of the year, even in an environment of further rising interest rates.