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Oil prices may face upward pressure for longer than expected. Goldman Sachs: CTA ammunition has been exhausted, and downside risks in the stock market are accumulating.

Oil prices may face upward pressure for longer than expected. Goldman Sachs: CTA ammunition has been exhausted, and downside risks in the stock market are accumulating.

``` Oil prices continue to rise amid persistent geopolitical deadlock, releasing signals of systemic pressure to the global financial markets that have been ignored by equities but are increasingly hard to overlook. Rich Privorotsky, Head of Delta-One at Goldman Sachs, warns that trend-following funds (CTAs) have basically exhausted their long ammunition,
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