As the S&P 500 index faces 31 new highs this year, Goldman Sachs warns that it is time to "brake the brakes"! This year, as large technology stocks drive a strong rebound in the S&P 500 index and set a series of historic highs, Tony Pasquariello, head of global hedge funds at Goldman Sachs Group, recently warned that it is "a good time to brake the brakes". Pasquariello said on Friday, June 28th, "This is a bull market, but the possibility of a pullback is increasing. Therefore, as we guide the next stage of the political game, we will look for areas to reduce overall portfolio risk."