$SPDR S&P 500 ETF (SPY.US)$ https://seekingalpha.com/news/4...

Tonyco : Goldman Sachs is a terrible source for anything.
The firm has consistently missed the mark with its projections for the S&P 500's yearly performance.
Over the past five years, Goldman Sachs has been at least 10% off in its year-end projections for the S&P 500, with the average forecast falling 14% short.

In 2020, 2021, and 2022, Goldman's predictions for the S&P 500's closing value were off by 10%, 11%, and 24% respectively.
Take what they say with grain of salt.

Tonyco : A study analyzing 6,627 forecasts made by 68 forecasters found that only 48% of forecasts were correct, with the majority performing at levels not significantly different from chance
The Terrible Track Record of Wall Street Forecasts
"Abbey Joseph Cohen, formerly a partner and chief U.S. investment strategist at Goldman Sachs, fared even worse.  Her accuracy rating was only 35%, well below the average of 47%."

WarlockofWallstreet OP Tonyco : I generally see it as an inverse Cramer and a potential signal for an upside. They know the average investor will follow articles and will potentially sell. I still recall SBNY when it was 0.0003$. every news outlet, law firm, broker, and bank said it's over, and it's never going back up. I loaded up lol, and it went up 23000% a few months later. they all have a conflict of interest if you make

WarlockofWallstreet OP : there are two ways I see this.
1) potential short term over reaction of retail, which brings price down.
2) potential long-term bulish reversal

Ultratech : they've been saying that for years

TokenSleep : With LA wildfires, I feel like this could come to fruition. Could the estimated $50+ billion in losses lead to massive outflow???

Ultratech TokenSleep : eh sort of. infrastructure/builder stocks will be in demand