Goldman Sachs: The likelihood of a bear market after the U.S. elections is low, and economic recovery will continue to support U.S. stocks

Goldman Sachs Group strategists believe that the U.S. stock market is unlikely to enter a bear market in the next 12 months, as the economic recovery will continue to support the stock market. Even considering the risks of the presidential election, the probability of the stock market falling more than 20% is only 18%. The S&P 500 has risen about 20% this year, and despite rising bond yields and election uncertainties, the stock market remains resilient. Strategists warn that there may be significant volatility after the election, but the overall economic environment remains favorable