U.S. stocks have ‘limited upside' from here, says Goldman Sachs Asset Management
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James Ashley, head of international market strategy at Goldman Sachs Asset Management, stated that U.S. equities are fairly valued but have limited upside at these valuations. However, GSAM sees India as a strategic long-term growth story with significant upside in its stock market. Ashley also mentioned that Japanese stocks have more room to run due to a significant monetary policy shift. He believes that Japan is the most attractive developed market both in the short-term and long-term. Overall, GSAM suggests that investors should be looking for better opportunities outside of U.S. stocks.

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https://www.cnbc.com/2024/03/27/us-stocks-have-limited-upside-from-here-gsam.html