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Why Goldman Sachs’ gloomy 10-year stock market forecast is no reason panic [Video]

David Kostin, Goldman Sachs chief U.S. equity strategist, speaks during an interview with CNBC on the floor of the New York Stock Exchange, July 11, 2018.

Brendan McDermid | Reuters

Gloom, not doom.

That’s how you could sum up new research from Goldman Sachs Chief U.S. Equity Strategist David Kostin, which came out late Friday night and is the talk of Wall Street as we start the new week.

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