Summary of podcast Exchanges at Goldman Sachs: The latest outlook for U.S. Equities. August 19 2020

Dave Kostin — Chief US equity strategist.

Outlook in January 2020 on S&P 500 2020 close was 3400.
February 19th S&P 500 reached an all time high. Followed by the fastest and steepest bear market in history: in 22 days the market fell by more than 33%. The market has rallied back. Today the market trades at the late February level. FED and Congress has made this rally possible.