‘We’re Back to a Seven’: Goldman Sachs Executive Outlines Cautious Optimism on Equities Market Amid AI Boom

A Goldman Sachs executive says the financial giant’s Fixed Income, Currency and Commodities (FICC) team is a “seven on ten” on the domestic equity market.

Anshul Sehgal, global co-head of Goldman’s FICC team, says in a new interview that they were a “seven on ten” on equities back in January, with the plan to ratchet that number up if valuations got more attractive.

“They did. We took it up to a nine. We never got to ten. We were waiting for more of a pullback. And now, with this rebound, we’re back to a seven. We do want to ride the wave. We think it is a big question mark in terms of how far the domestic equity market goes. Remember, like these seven companies, or US tech companies more broadly, do have a monopoly in the free world on these technologies. And these will be deployed very broadly, not