Tim Moe, Chief Asia-Pacific Equity Strategist at Goldman Sachs, has raised the firm's target for the Kospi index to 12,000, indicating a potential upside of approximately 90%. This forecast comes despite the Korean market facing significant challenges due to a sharp decline in leveraged retail products. Moe stated, "Our conviction in the prolonged strength of this market cycle is exceptionally high." This optimistic outlook emerges during a period of considerable volatility.