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What Trade War? Goldman Sachs Sees S&P 500 Exploding to 3,000

Brian Sozzi

Kostin's S&P 500 target for 2019, a year where growth could fall off a cliff amid heightened trade tensions and rising interest rates, is a healthy 3,000. Kostin's note was riddled with the upbeat nature of a bullish investment bank. Kostin's call is mostly rooted in a bullish outlook for corporate profits, despite modeling for a three-year growth slowdown starting in 2019 (see below).