Goldman Sachs Analyzes Sustained Stock Rally Amid Hormuz Disruption and Stagflation Concerns
Global equities remain near record highs despite geopolitical tensions in the Strait of Hormuz and stagflation worries, driven by strong corporate earnings. Goldman Sachs attributes this to robust global GDP growth projections and sector-specific momentum in technology and energy.
Tickers: $GS
Topics: earnings growth global equities risk appetite sector performance