Goldman Sachs strategists said that due to corporate profit growth and the Federal Reserve's loose monetary policy, the global stock market is expected to continue to rise next year, but the return rate will be moderate compared to 2025. Goldman Sachs strategist Peter Oppenheimer and others said in the December 18 report, “We still have a constructive view of the 2026 stock market because profits will continue to grow, but it is expected that in the context of the continuous expansion of the bull market, the return at the index level will be lower than 2025.” Goldman Sachs economists expect “the economies of all regions to continue to expand, while the Federal Reserve will further moderate monetary policy.” According to the report, the 12-month stock forecast weighted by regional market capitalization shows that the return on stock prices in US dollars will reach 13% in 2026, and will reach 15% after including dividends.

Goldman Sachs strategists said that due to corporate profit growth and the Federal Reserve's loose monetary policy, the global stock market is expected to continue to rise next year, but the return rate will be moderate compared to 2025. Goldman Sachs strategist Peter Oppenheimer and others said in the December 18 report, “We still have a constructive view of the 2026 stock market because profits will continue to grow, but it is expected that in the context of the continuous expansion of the bull market, the return at the index level will be lower than 2025.” Goldman Sachs economists expect “the economies of all regions to continue to expand, while the Federal Reserve will further moderate monetary policy.” According to the report, the 12-month stock forecast weighted by regional market capitalization shows that the return on stock prices in US dollars will reach 13% in 2026, and will reach 15% after including dividends.