Kostin: “We are approaching the point of maximum optimism”Mark Melin
The stock market has been flying high on fumes of Trump optimism. But when will it end? A report from Goldman Sachs Chief US Equity Strategist David Kostin considers negative earnings revisions and wonders when a market reconciliation with reality occurs, what lies ahead for investors?
Kostin: “We are approaching the point of maximum optimism”
The market exceeding its statistical limits, which has been the case since the US Presidential election, might discover an important force of nature: gravity.
“We are approaching the point of maximum . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible