2025 Stands Out: Goldman Sentiment Signal Turns Red With Stocks At Record Highs

While the market has been driven by a bout of de-grossing and tariff-related anxiety, top Goldman Sachs trader Lee Coppersmith is comforted that positioning is now back in friendlier territory, panic indicators are elevated (but not widespread), and the medium-term growth setup into 2026 remains constructive: supported by policy, balance sheet strength, and further AI-related investment.