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Goldman’s Kostin Sticks With S&P at 4,000 Forecast

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David Kostin, Goldman Sachs chief US equity strategist, talks about his call for the S&P 500, the impact of debt ceiling negotiations on markets and shares his thoughts on stocks tied to Artificial Intelligence. He’s on “Bloomberg Markets Americas.”

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9 Comments

9 Comments

  1. @srirajan404

    January 7, 2024 at 5:01 pm

    To Alix Steel's question on the melt-up occurring despite bear arguments, David Kostin did not address her question, except to tangentially refer to the large mega-cap stocks up 14% YTD. Kostin neither attributed to these top 10 tech high weighting in the S&P (~23%) nor their high weighting in QQQ (~53%) that artificially skew these index numbers, reflecting poor breadth of participation. Kostin instead explains lack of relative hedge fund performance, which does not appear to be Alix Steel's question.

  2. @extrememike

    January 7, 2024 at 5:01 pm

    In January he said SPX was fairly valued at 4400, now is expensive at 4200. 🤡🤡

  3. @dlvox5222

    January 7, 2024 at 5:01 pm

    As a commercial real estate investor and operator of life science real estate, I can say firmly that all our pension fund, PE, and life co potential capital partners are on the sidelines. Period. Summer vacation has already begun.

  4. @howiehubler6113

    January 7, 2024 at 5:01 pm

    This guy is a great contra indicator

  5. @DKK

    January 7, 2024 at 5:01 pm

    🤣

  6. @praveenspike

    January 7, 2024 at 5:01 pm

    One needs to climb to fall, right now S&P is climbing is all I can say. How far they fall, your guess is mine.

  7. @Watteh

    January 7, 2024 at 5:01 pm

    These are the same guys who claimed oil will be 150.

  8. @simrans3675

    January 7, 2024 at 5:01 pm

    They just keep her for a chirpy female presence…to keep things light. Clueless on anything and everything to do with Fin/Econ/Markets/Banking.

    I am all for equality but the fact these clueless folks are nothing more than eye candy is disingenuous to even my female friends. Laughable.

  9. @2023gainer

    January 7, 2024 at 5:01 pm

    Press Release..* GSMG… Glory Star New Media. Profitable. Metaverse Centers Planned in USA / China. * FFIE.. Faraday Future. Ultra Premium AI Tech Luxury FF 91 Futurist Alliance SUV EV 1st Customer Deliveries in May 2023…* LILM.. Lilium Electric Jets. Filling The Tech Dips in May. ?

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Software Stocks Will Rebound From the Ashes, Malik Says

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Saira Malik, Chief Investment Officer at Nuveen, talks about what she wants to hear from Fed Chair Kevin Warsh in Jackson Hole and she explains why she’s bullish on software stocks. Malik speaks on “Bloomberg The Close.”
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Putin Moves to Escalate War in Ukraine, Nvidia Fuels Faith in AI Boom | Opening Trade 8/27/2026

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Russia is preparing to escalate attacks on Ukraine after concluding that negotiations for a peace deal have reached a dead end, according to three people close to the Kremlin.
For now, Russia is weighing an intensification of powerful conventional ballistic missile attacks on Kyiv, including the center of the capital, and infrastructure targets in other Ukrainian cities, the people said, asking not to be identified because the matter is sensitive.

Nvidia, the chipmaker at the heart of the artificial intelligence boom, gave a bullish sales outlook for fiscal 2028, easing concerns that AI spending is poised to lose momentum.

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie.

Chapters:
00:00:00 – The Opening Trade | 8/27/2026
00:01:22 – Nvidia Bullish Outlook
00:04:18 – Global Inflationary Pressure
00:06:35 – Putin To Escalate War on Ukraine
00:09:07 – Daybook
00:11:26 – Nvidia Outlook ‘Crushes Expectations’
00:13:23 – Chinese AI Ecosystem
00:15:05 – Paul Markham of GAM investments
00:21:35 – Need To Know: Nepal, Fed’s Cook, Meta
00:25:34 – Matthias Reschke of JPMorgan
00:34:23 – Focus on Jackson Hole
00:36:29 – CIA Director’s Visit to Moscow
00:39:14 – MLIV
00:42:54 – Stocks To Watch
00:47:59 – The Market Open
00:50:06 – Stephanie Niven of Ninety One
00:58:49 – Core 6 & Movers
01:03:44 – Nvidia Outlook Boosts AI Optimism
01:05:49 – Meta Settles US Lawsuit
01:08:25 – Pernod Ricard Revised Guidance
01:15:47 – German Minister for Digital & State Modernization Karsten Wildberger
01:24:54 – Exclusive: Lockheed Martin Europe CEO Dennis Goege
01:28:36 – Historic Seasonal Lows for EU Gas Inventories
01:31:34 – Markets Brace for Warsh Speech Friday
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The Deal: Will There Be a Major League Baseball Season Next Year?

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The MLB trade deadline is in the rear-view mirror, so Jason Kelly and Alex Rodriguez look forward to the rest of the season and break down the league’s recent contract negotiations with the players. Listen to their full discussion on this week’s episode of The Deal wherever you get your podcasts
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How China’s Microdramas Became a Billion Dollar Industry

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Microdramas — mini soap operas designed to be watched on your phone — have become one of the fastest-growing forms of entertainment in the world. #china #tv #movie #asia #news #entertainment

On today’s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg’s Yang Yang and Bloomberg Businessweek’s Christopher Beam about how millions got hooked on the medium, the challenges studios face as they try to reach new audiences and how AI could transform it all.

Read more: https://www.bloomberg.com/news/articles/2026-08-25/how-two-minute-microdramas-took-over-phones-worldwide

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NYU’s Suzy Welch Digs Deep to See if You Should Hire Gen Z

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NYU Stern professor Suzy Welch examines a growing contradiction among Gen Z: young workers increasingly value achievement and career success while also wanting to spend less of their lives at work. Welch discusses shifting attitudes toward ambition, work-life balance and what the trend means for employers. She speaks with Bloomberg’s Tom Keene and Paul Sweeney.
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