Goldman Sachs Chief US Equity Strategist David Kostin Talks Seeing Fed Cutting Rates Three Times
David Kostin, Goldman Sachs US chief equity strategist, says the clarity from the passage of the federal spending bill and likely Federal Reserve rate cuts will drive stocks higher. Speaking with Bloomberg's Matt Miller and Sonali Basak, Kostin forecasts the S&P 500 Index to be at 6,600 by the end of this year.
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