Did Goldman (GS) Call the Top? Maybe...

If you need another reason to look at Goldman Sachs (NYSE: GS) with a skeptical eye (or laser sight, in some cases), here it is: the firm is costing you more money.

To start, on Wednesday Goldman released a note outlining how its a better choice to buy equities rather than bonds, saying the equity markets "are as good as they have been in a generation." This comes after the S&P 500 made nearly a 12 percent run through last Tuesday....arguably the highest level since May 2008.

Since issuing the note, the S&P is down about 1 percent.

So, should markets end up on a fairly good streak, it might be safe to reason that Goldman called the top of the market...at least, for now.

For more color from Goldman's call, click here.

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