# Goldman Sachs Risk Appetite Gauge Turns Negative as Investors Sell AI Stocks

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/35826
Published: 2026-10-20T17:41:59.000Z
Updated: 2026-10-20T17:41:59.000Z
Section: Investing

> The gauge reached its lowest level since the early stages of the Iran war. South Korea’s Kospi fell 4% on Oct. 20.

Goldman Sachs’ risk appetite gauge fell below zero on Oct. 20 for the first time since April as investors sold artificial intelligence stocks and bought U.S. Treasurys despite higher-than-expected inflation.

The gauge reached its lowest level since the early stages of the Iran war. Investors bought Treasurys even as inflation exceeded expectations.

South Korea’s Kospi fell 4% on Oct. 20. AI startup Elice dropped more than 30% on its first day of trading.