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The bull market won't have it easy in 2027 as the vibes around AI investments weaken, Goldman Sachs warned. "Although we expect solid AI investment growth to continue, our forecasts imply that the investment growth impulse — additional AI investment as a share of GDP — will peak in early 2027. From a macro perspective, this should be a manageable event. But it may be a bigger test for markets for three reasons," Goldman Sachs strategist Kamakshya Trivedi said. "First,the AI impulse has been a much larger contributor to growth in earnings and market value than to growth in GDP," Trivedi explained.
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