David Kostin has been a regular in financial media for many years (I've been writing about him for more than a decade) but he's decided to retire. The Goldman Sachs Chief US Equity Strategist last made major headlines around this time last year when he predicted 3% annualized returns in the S&P 500 for the coming decade, or just 1% in real terms.
That call hasn't gotten off to a good start with the S&P 500 up nearly 13% this year. But who is to say if he's wrong, he could just be early. The 13% annualized returns over the past decade will be much tougher to repeat with high valuations and de-globalization.
Goldman Sachs has appointed Ben Snider as new Chief US Equity Strategist.
This article was written by Adam Button at investinglive.com.Hence then, the article about goldman sachs chief equity analyst david kostin retires after decade of darkness call was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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