Goldman Sachs Predicts Continued Growth for U.S. Stock Market

Despite a recent 5% decline in the U.S. stock market, Goldman Sachs remains optimistic about continued growth. The firm attributes this dip to typical seasonal fluctuations within the AI investment cycle and not a sign of an impending end to the rally. Their traders have noted that while a pullback has occurred, there’s still potential for further gains before year-end. This optimism is driven by factors like seasonal trends, the early stages of the AI investment cycle, and relatively low institutional involvement in the market.