Goldman Sachs dismisses bubble concerns over US equity market dominance ...Middle East

In its latest market commentary, the investment bank argued that the current strength of US equities is not driven by speculative excess or irrational exuberance. Instead, Goldman Sachs attributes the sustained outperformance to solid underlying fundamentals. “The dominance of the US equity market, technology sector, and leading companies does not represent a bubble based on irrational exuberance but is rather a reflection of superior fundamentals,” the bank stated.

While acknowledging the high valuations in certain parts of the market, Goldman Sachs maintains that these are justified given the growth potential and resilience of the companies involved.

This article was written by Eamonn Sheridan at www.forexlive.com.

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