CNBC Pro

Goldman says corrections are buying opportunities and rarely turn into bear markets

Traders work on the floor of the New York Stock Exchange at the opening bell January 25, 2022.
Timothy A. Clary | AFP | Getty Images

The S&P 500 briefly fell into correction territory last week as the Federal Reserve's policy shift created massive gyrations in the market, but Goldman Sachs believes the drawdown marks a buying opportunity for investors.

And if history is any guide, corrections rarely turn into bear markets unless the economy is heading into a recession, according to the Wall Street firm.

More In Pro Insight

CNBC ProBeware these yield traps with dividend payouts that could be too good to be true
CNBC Pro'Strong growth ahead': Bank names its top EV battery stocks, giving one over 60% upside
watch now
VIDEO10:45
CNBC ProTesla, Microsoft, and FedEx are some of today's top stock picks for investors: Pro Market Movers June 23