Goldman Client Survey Finds AI FOMO Off The Charts In Year-End Performance Panic

Stocks once again reversed a modest early loss and ground higher to a new, seemingly daily record high, with sentiment jumping higher driven by what Goldman trader Oscar Ostlund says is "an AI fervor that is seemingly ever increasing" while slowdown (and shutdown) fears and "bubble" worries are rapidly being replaced by the Fear Of Missing Out. Bottom line: Fed cuts fell off investors' minds while momentum trading (which is now long AI) is gaining steam.