
Goldman’s Kostin Channels Taylor Swift For 2024 S&P Outlook
Goldman's David Kostin channeled Taylor Swift for his 2024 US equity outlook, released on Wednesday.
I suppose that's apt. After all, Swift's name came up again and again in macro discussions this year. According to some reports, she singlehandedly accounted for $5 billion in consumer spending. If Swift were an economy, she would've been larger than at least three-dozen countries in 2023. She made a cameo in the Philadelphia Fed's Beige Book.
According to Kostin, Swift can also help investors