<div id="readability-page-1"><div><div><p>Goldman Sachs Equity Strategy group, led by Peter Oppenheimer <strong>remain constructive on equities for 2026 as earnings continue to grow, but forecast lower index returns than in 2025, amid a broadening bull market... Diversification is imperative.</strong></p><p><em>Past bubbles saw much larger stock price surges in their final year...</em></p></div></div></div>

高盛

<p>高盛的股票策略团队在彼得·奥本海默的领导下，对 2026 年的股票市场持乐观态度，因为盈利持续增长，但预计 2026 年的指数回报将低于 2025 年，尽管牛市正在扩大……多元化是必不可少的。过去的泡沫在最后一年经历了更大幅度的股价上涨……</p>

我们正处于周期的 ‘乐观’ 阶段：高盛预计牛市将在 2026 年进一步扩大