Goldman Clients Most Bullish in 10 Months as AI Rally Spurs FOMO

Excitement over the artificial intelligence trade is stoking investor bullishness on US stocks while also raising the risks of a rapid selloff, according to Goldman Sachs Group Inc.’s trading desk.

Bullish sentiment among the firm’s clients stands at the highest since December 2024, with 40% of those surveyed expecting the S&P 500 Index to outperform other major global indexes in October.