[Goldman Sachs Head of Asset Allocation Research Believes Recent Tech Stock Decline is a Healthy Correction] According to a report by Jinse Finance, on June 5, the Head of Asset Allocation Research at Goldman Sachs stated that the recent sell-off in the tech sector, following an increase in speculative positions, is a healthy signal. 'This has been a very strong rally, significantly driving these momentum stocks higher,' said Christian Mueller-Glissman, referencing the rise in leveraged ETFs and options positions. 'Some consolidation might not be a bad thing.' After Broadcom released a disappointing earnings outlook, Mueller-Glissman cautioned against generalizing the performance of the highly cyclical tech hardware and semiconductor industries. In his view, the biggest threat to the stock market would be if investors begin to question the strong earnings growth that has driven the market rally so far this year.