The S&P 500 has easily exceeded the forecast of Goldman's David Kostin for 1250 by year's...

|By:, SA News Editor

The S&P 500 has easily exceeded the forecast of Goldman's David Kostin for 1250 by year's end, but he's sticking with it. At sub-2%, income growth is weak, and earnings and revenue forecasts have been cut across all sectors in the last 30, 60 and 90 days. He also blames rising oil prices and the lack of money flow into the market. (video)