Goldman Sachs strategists stated that upbeat economic data has boosted optimism about global growth, sustaining strong investor enthusiasm across markets.
Strategists including Andrea Ferrario noted in a December 15 report, "Recently, macroeconomic conditions in both developed and emerging markets have broadly exceeded expectations," maintaining a moderately risk-on stance through 2026.
The report highlighted that U.S. growth expectations, "after lagging somewhat earlier this year, are now catching up with the rest of the world." Key U.S. economic data this week includes Tuesday's employment report and Thursday's CPI figures.
Goldman Sachs continues to recommend an overweight position in equities, neutral allocations to bonds/commodities/cash, and an underweight stance on credit. The firm emphasizes protecting equity exposure through diversified investment opportunities and hedging strategies.
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