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

ChainCatcher news, according to Golden Ten Data, Goldman Sachs has upgraded its three-month outlook for global stock markets 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 solid corporate earnings growth, the Federal Reserve easing monetary policy without triggering a recession, and continued global fiscal policy easing will continue to support the stock market.