Goldman also advocates a shift toward quality, favouring companies with stable earnings visibility and strong balance sheets amid rising macro and earnings uncertainty. From a tactical perspective, it sees financials and consumer staples as better positioned to outperform, given their lower sensitivity to oil‑price shocks and valuations that sit near historical lows. At the same time, the brokerage continues to back structural themes such as energy security and defence, which it believes offer more resilient, long‑term growth opportunities despite near‑term market volatility.
