Goldman's Kostin Sees S&P Hitting 3,000 by Year End

The video discusses the impact of Federal Reserve measures on equity valuation, highlighting the suppression of risk-free rates and credit spreads. It explores potential market outcomes, emphasizing the reduced downside risk but limited upside potential. The discussion also covers corporate capital allocation strategies, focusing on maintaining solvency, adjusting CapEx, and managing dividends and buybacks amid economic uncertainty.

What factors contribute to the limited upside potential in the market according to the speaker?

In what ways have companies adjusted their capital expenditures and dividends in response to the current economic climate?