U.S. Stock Market Expected to Stay Flat in 2024, Predicts Goldman's David Kostin

Friday, 10 May 2024, 12:10

According to Goldman Sachs' David Kostin, the U.S. stock market is unlikely to see any significant growth for the remainder of 2024. Despite investor optimism surrounding the adoption of artificial intelligence by companies, the market's climb seems to have plateaued.
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U.S. Stock Market Expected to Stay Flat in 2024, Predicts Goldman's David Kostin

Analysis:

Goldman Sachs analyst David Kostin predicts no growth for the U.S. stock market in 2024.

Insights:

Investors remain optimistic about the adoption of artificial intelligence despite the market's stall.

Impact of the Prediction:

  • This prediction signals a potential slowdown in market momentum for the rest of 2024.
  • Investors may need to reevaluate their strategies in light of this forecast.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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