Goldman Sachs turns bullish on stocks and bonds: favors bonds over the next year, prefers AI-related stocks.

PANews October 12 news: Goldman Sachs has adjusted its equity rating to "overweight" for the next three months, while also adjusting its bond rating to "overweight" for the next 12 months.

Goldman Sachs stated that improving valuations, resilient corporate earnings, and a slowing inflation trend will support market performance through 2027. However, the institution also warned that rising yields and geopolitical risks may continue to drive up market volatility. In terms of equity allocation, Goldman Sachs is more bullish on AI-related stocks and certain high-dividend names.