Market Extra: Why Goldman sees only 90 good days for U.S. stocks in 2017

U.S. stocks have had an incredible run over the last two months and even at these record-breaking levels there are still profits to make — at least until March, when it will be time to run for the hills.

That’s a key message from Goldman Sachs chief U.S. equity strategist David Kostin, who says optimism over expected tax reforms from the Trump administration is likely to push the S&P 500 index SPX, +0.18% to 2,400 by the end of the first quarter. That implies a 6% upside from current levels and a 12% jump from just before Donald Trump won the presidential election in November.

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