Goldman Sachs Research economists expect sturdy global growth of 2.8% in 2026, versus a consensus forecast of 2.5%. The US is likely to outperform substantially (2.6% vs. 2.0%) because of reduced tariff drag, tax cuts, and easier financial conditions.
Worldwide Macroeconomics
What’s the market-by-market outlook for 2026?
Capital Markets
What do our bankers, traders, and advisors see coming in the year ahead?
Perspectives From Our People
Podcasts and videos breaking down key themes to watch in 2026
Research Deep-Dive
Understand what’s driving our forecasts by reading the underlying reports
Macro Outlook 2026: Sturdy Growth, Stagnant Jobs, Stable Prices
Markets Outlook 2026: Some Like It Hot
Sturdy global growth coupled with non-recessionary Fed cuts should be positive for global equities, but tensions with 'hot valuations' may increase volatility.
Global Equity Strategy 2026 Outlook: Tech Tonic — a Broadening Bull Market
Goldman Sachs Research analysts remain constructive on equities for 2026 as earnings continue to grow, but forecast lower index returns than in 2025, amid a broadening bull market.
Commodity Views 2026 Outlook: Ride the Power Race and Supply Waves
The US-China AI and geopolitical power race and global energy supply waves drive our analysts' key convictions. Goldman Sachs Research's cyclical macro base case of sturdy global GDP growth and 50 basis points of Fed rate cuts in 2026 is again supportive of top-down commodity returns.
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