Goldman Sachs Group strategists believe that the U.S. stock sell-off led by technology stocks at the beginning of this week is only temporary given the optimistic economic outlook. DeepSeek's low-price AI model caused a market sensation, causing the Nasdaq 100 index to wipe out nearly $1 trillion in market value on Monday. Goldman Sachs' Peter Oppenheimer wrote in a report that the plunge is not a harbinger of a continued decline in the stock market. Goldman Sachs strategists said that "most bear markets are caused by expectations of falling profits caused by recession concerns," and the probability of this happening in the next 12 months is low.