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Goldman Sachs recently set a quite bullish S&P 500 Index ($SPX) target for the end of 2025 at 6,500. Notably, Goldman strategists, led by David Kostin, see parallels with President-elect Donald Trump’s book “Art of the Deal.”
“Some people have a sense of the market, and some people don’t,” per Trump's 1987 tome. The strategists said that those with sense embraced the “Magnificent Seven” and Trump’s philosophy: “To me, it's very simple: if you are going to be thinking anyway, you might as well think big.”