Goldman Cuts Kospi 12-Month Target by 25% as AI Trade Unravels
THE SO WHAT
A 25% cut to the Kospi target on AI-trade concerns shows how quickly public markets can reprice AI narratives when earnings don’t keep pace. If your valuation or comp plan is implicitly tied to “AI trade” multiples, build scenarios where that premium compresses sharply over the next 12 months.
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