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The Kospi index is the leading indicator for the global AI trade — and Goldman just slashed its forecast by 25%

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The Kospi index is the leading indicator for the global AI trade — and Goldman just slashed its forecast by 25%

A reduction in the growth multiple that investors are prepared to pay for AI stocks and a rise in volatility has forced Goldman strategist Tim Moe to take an axe to his Korean market target.

The Kospi index is the leading indicator for the global AI trade — and Goldman just slashed its forecast by 25%

Source：MarketWatch

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Source：https://www.marketwatch.com/story/the-kospi-index-is-the-leading-indicator-for-the-global-ai-trade-and-goldman-just-slashed-its-forecast-by-25-ccfe2690