Goldman Sachs says global stock markets may experience short-term pullback but bear market risk is low

Goldman Sachs stock strategist said that the escalating tensions in the Middle East may lead to a short-term pullback in global stock markets, but the probability of a comprehensive bear market is low. Strategists believe that the current high valuation makes the market more susceptible to pullbacks, and suggest adjusting or providing buying opportunities. They also suggest diversifying investments by region, factor, and industry to increase risk adjusted returns.