“Goldman Sachs might be a bit more optimistic about the economy, but that optimism isn’t necessarily translating into market optimism. Goldman’s Chief US Equity Strategist David Kostin is sticking to his year-end 1250 price target for the S&P 500 and expects worries over the fiscal cliff to resurface as we hear into year-end and markets discount the potential for a rockier road in 2013 (via Zero Hedge& CNBC):”
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