Wall Street’s favorite strategists are spooked: This stock market’s ‘different’

Wall Street’s favorite strategist says this bull market is ‘different’ and could signal the end of a 13-year run (M* Equity Research) January 12, 2023, 12:01 AM

Few strategists are as widely followed, and celebrated, on Wall Street as David Kostin, the chief U.S. equity strategist at Goldman Sachs.

His team was the most accurate in predicting the S&P 500’s performance in 2022, according to Bloomberg News.

In a new note to clients on Wednesday, Kostin and his team took their usual bullishness down a notch.

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