Goldman Clients’ Risk Appetite Soars on Growth Hopes

Optimism among clients of Goldman Sachs Group Inc. surged to the highest level in about a year, as confidence in global growth outweighed geopolitical and macroeconomic concerns.

Goldman’s Risk Appetite Indicator climbed to the highest since early 2025, placing it in the 96th percentile historically, data from the bank’s trading desk show. While elevated risk appetite is often seen as a sign that investors are growing over-exuberant, dynamic growth in the US and other regions may justify the bullish outlook this time around, according to Lee Coppersmith, managing director at Goldman Sachs.