Goldman Sachs equity strategists stated in a report that global equities may face a short-term correction as tensions escalate in the Middle East and investors reassess the risks of capital expenditures related to artificial intelligence. However, the probability of a full-blown bear market remains low. The strategists pointed out that current high valuations make the market more vulnerable to corrections, but any correction could also present buying opportunities, while the risk of a deeper decline is limited. Strong economic growth, robust corporate earnings, and healthy private sector balance sheets should help buffer systemic risk. Goldman Sachs stated, "We continue to recommend a broad diversification strategy across regions, factors, and sectors to enhance risk-adjusted returns." (Jinshi)