PANews reported on November 9th that, according to Zhitong Finance, Goldman Sachs believes the recent 5% pullback in the US stock market is a typical year-end seasonal fluctuation in the AI cycle and not an abnormal signal indicating the end of the rally. Goldman Sachs traders pointed out that despite the market correction, there is still room for growth before the end of the year. Seasonal factors, the still-early AI investment cycle, and relatively light institutional positioning all contribute to the potential for further gains. According to Shreeti Kapa, a fixed income, foreign exchange, and commodities trader at Goldman Sachs, a 5% decline at this time of year is normal for this cycle. She believes that although the market has experienced a strong rebound since the April lows, overall it is "not excessive."PANews reported on November 9th that, according to Zhitong Finance, Goldman Sachs believes the recent 5% pullback in the US stock market is a typical year-end seasonal fluctuation in the AI cycle and not an abnormal signal indicating the end of the rally. Goldman Sachs traders pointed out that despite the market correction, there is still room for growth before the end of the year. Seasonal factors, the still-early AI investment cycle, and relatively light institutional positioning all contribute to the potential for further gains. According to Shreeti Kapa, a fixed income, foreign exchange, and commodities trader at Goldman Sachs, a 5% decline at this time of year is normal for this cycle. She believes that although the market has experienced a strong rebound since the April lows, overall it is "not excessive."