Global stock markets received a boost after Goldman Sachs raised its recommendation for global stocks to “overweight”, arguing that economic momentum was improving, favorable valuations and growing support for fiscal and monetary policy. The bank points out that mid-2025 brought a clear increase in risk appetite, and the indices broke through multi-month resistance levels, which is conducive to capital inflows into equity ETFs and funds.
For investors, this is a signal to consider increasing the share of stocks in the portfolio — especially in sectors that have gained this year (AI-related technology, storage, strategic commodities). At the same time, Goldman emphasizes the risks: high valuation of some segments and potential corrections in credit markets that may undermine growth expectations.
Practical conclusion: if you manage a portfolio, consider rotating some of your liquid reserves towards companies with solid fundamentals and high exposure to the AI/value chain, but maintain hedging (cash or short-term bonds) against a sudden revision of sentiment.