Odaily News The Kobeissi Letter stated in a post on the X platform that a Goldman Sachs survey shows that institutional investors remain optimistic about stocks and gold. About 25% of surveyed investors indicated that their favorite trade this quarter is “go long on gold,” reaching the highest level for the second consecutive month. Following that is “go long on AI” stocks, accounting for about 18%. 40% of respondents expect the S&P 500 Index to outperform other major global indices in October. Overall, 52% of respondents expressed optimism about the stock market, the highest level since December 2024. Additionally, 55% of participants indicated that they are most optimistic about companies in the AI infrastructure sector. Meanwhile, their positions in the “Magnificent 7” tech stocks have reached the highest level since at least June 2024.
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Goldman Sachs Survey: Institutional Investors Favor Stocks and Gold, 52% Have a Positive Outlook on the Stock Market
Odaily News The Kobeissi Letter stated in a post on the X platform that a Goldman Sachs survey shows that institutional investors remain optimistic about stocks and gold. About 25% of surveyed investors indicated that their favorite trade this quarter is “go long on gold,” reaching the highest level for the second consecutive month. Following that is “go long on AI” stocks, accounting for about 18%. 40% of respondents expect the S&P 500 Index to outperform other major global indices in October. Overall, 52% of respondents expressed optimism about the stock market, the highest level since December 2024. Additionally, 55% of participants indicated that they are most optimistic about companies in the AI infrastructure sector. Meanwhile, their positions in the “Magnificent 7” tech stocks have reached the highest level since at least June 2024.