Goldman Sachs: Recent pullback in risk assets is a buying opportunity, not the start of a long-term bear market

MarsBitNews · 2026-03-05T02:34:02+00:00

Goldman Sachs is bullish against the backdrop of global market turbulence, viewing recent pullbacks as buying opportunities and optimistic that traffic through the Strait of Hormuz will resume. Despite concerns over Middle East conflicts and AI impacts, Goldman Sachs believes that economic fundamentals and corporate earnings remain strong, limiting the depth and duration of the pullback. It is expected that oil transportation through the Strait of Hormuz will return to normal within the next four weeks.

MarsBitNews

2026-03-05 02:34:02

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Goldman Sachs bullish despite market turmoil, sees recent correction as a buying opportunity, not the start of a long-term bear market, backed by optimistic expectations for the reopening of the Strait of Hormuz circulation. Led by Peter Oppenheimer, Goldman Sachs’ strategy team wrote in a report on Wednesday that despite significant resistance from concerns over the Middle East conflict and disruptive AI impacts, the resilience of economic fundamentals and strong corporate earnings growth suggest that the depth and duration of this correction will be limited. Goldman Sachs’ optimism about the global markets largely relies on expectations that the energy supply chain will recover quickly. Goldman Sachs’ chief oil strategist Daan Struyven predicts that the blocked oil transportation through the Strait of Hormuz will remain at very low levels for the next five days, then recover to 70% of normal capacity within two weeks, and reach full normalization at 100% in four weeks.

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