Stock market hits new highs, hedge for potential decline

Summary: After recent record highs, the S&P 500, Dow Jones, and Nasdaq Composite hit new closing highs. Goldman Sachs advises clients to hedge for a potential market decline, citing reasons for stock falls and VIX volatility spikes. Top hedge fund manager David Neuhauser suggests shifting to undervalued stocks like Glencore. Portfolio manager Brian Arcese uses options to hedge, reducing equity exposure. Freddie Lait prefers moving to different market sectors over hedging with options.

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