Goldman Sachs: Stock market presents buying opportunities due to AI and Iran pullback. Long-term risk of a deep bear market is low.
Goldman Sachs strategist said investors should view stock market pullbacks as buying opportunities rather than signals of entering a bear market. In a report written by a team led by Peter Oppenheimer, Goldman Sachs stated that despite significant challenges facing risk assets such as the Middle East conflict and anxiety over the disruptive effects of artificial intelligence, economic resilience remains strong and corporate profit growth is robust, indicating that the depth and extent of the pullback will be limited. Oppenheimer stated in the report: "Given current valuation levels, we believe the risk of a pullback is high, but we expect this to bring buying opportunities, with the risk of a longer and deeper bear market relatively low."
Latest

