Goldman Sachs's strategy team said that although short-term market long positions and macroeconomic headwinds suppress stock prices, profit growth is expected to support the stock market in the second half of this year. The team, led by Andrea Ferrario, maintained a neutral position on the three-month asset allocation; the 12-month dimension slightly biased towards risky assets, overallocation of stocks, cash, bonds, and commodities, and low distribution of loan assets. The team warned that if macro risks heat up further, the stock market may once again be under downward pressure.

Goldman Sachs's strategy team said that although short-term market long positions and macroeconomic headwinds suppress stock prices, profit growth is expected to support the stock market in the second half of this year. The team, led by Andrea Ferrario, maintained a neutral position on the three-month asset allocation; the 12-month dimension slightly biased towards risky assets, overallocation of stocks, cash, bonds, and commodities, and low distribution of loan assets. The team warned that if macro risks heat up further, the stock market may once again be under downward pressure.