Goldman Sachs raises global stock market rating to "Overweight," optimistic about economic outlook

ChainCatcher news, according to Jinshi reports, Goldman Sachs has upgraded its rating for the global stock market's three-month outlook from "neutral" to "overweight." Goldman Sachs analysts pointed out that the main reasons for the upgrade are the strong U.S. economy, supportive valuations, and a more dovish stance from the Federal Reserve. They believe that strong corporate earnings growth, the Fed's easing of monetary policy without a recession, and global fiscal policy easing will continue to support the stock market.