Goldman's Kostin: Rising Rates No Risk to Equity Valuations

The transcript discusses the relationship between growth, interest rates, and equities, emphasizing the impact of rate levels and speed on market valuation. It highlights concerns about rapid rate increases and suggests a barbell strategy for portfolio management, balancing tech and cyclical stocks. The discussion also covers share buybacks driven by cash flow and market trends, including SPACs and investment shifts from money markets to equities.

Discuss the implications of share buybacks on market dynamics as mentioned in the text.

What role do individual investors play in the current equity market as per the discussion?