Goldman Sachs raised S&P EPS forecasts to 2025: $268 (+11%) vs. 2026: $288 (+7%) and also lifted its year-end SPX target.

At the same time, Goldman’s own data shows:

Hedge funds have been net sellers of U.S. equities for 3 consecutive weeks

Tech sector deleveraging is the largest in 10 years

# US Market Unstoppable New High: Too Late to Chase?

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