Goldman Sachs reassures U.S. investors that market dip is just a correction

economictimes.indiatimes.com

Goldman Sachs has reassured U.S. investors that the recent market decline is merely a correction and not an indication of an impending bear market. The firm noted that the dip was triggered by the launch of a new AI chatbot by Chinese startup DeepSeek. Analysts from Goldman Sachs stated that the overall economic outlook remains strong, with only a 15% chance of a recession in the next year. They emphasized that bear markets typically arise from falling profits due to recession fears. To navigate the current volatility, Goldman Sachs advised investors to diversify their portfolios. They suggested including bonds and global growth companies while maintaining some exposure to technology stocks.


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