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VIXBullishMarket Recapnews
High materiality8/10

Goldman’s chief strategist is retiring after 31 years. Where he sees a bubble right now.

Dec 4, 2025, 9:07 AM EST1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Kostin's insights and stable VIX imply optimism for market stability and growth. Historical examples, such as post-2008 recovery, show that stable volatility can lead to upward price movements in markets.

AI summary

What happened, with direct paths to the underlying reporting

David Kostin, Goldman Sachs strategist, is retiring after 31 years. Kostin believes current market valuations are not indicating an AI bubble. He sees potential in consumer, healthcare, and AI-driven companies for revenue growth. VIX readings suggest stability, positively impacting market outlook for 2026. Goldman Sachs targets 7,600 for S&P 500 next year.

  • David Kostin, Goldman Sachs strategist, is retiring after 31 years.
  • Kostin believes current market valuations are not indicating an AI bubble.
  • He sees potential in consumer, healthcare, and AI-driven companies for revenue growth.
  • VIX readings suggest stability, positively impacting market outlook for 2026.
  • Goldman Sachs targets 7,600 for S&P 500 next year.

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