Artificial intelligence and emerging markets are set to define the next decade, according to Goldman Sachs. The Goldman Sachs 10-year global outlook, released on Wednesday, sets out the investment bank's expectations leading up to 2035. The longer-look report is designed to complement forecasts from the firm's economists. "While cyclical forces will periodically influence markets, the drivers that we expect to dominate over this horizon are structural: trend nominal growth, profitability and margin behavior, starting valuations and the policy backdrop," Goldman Sachs analysts noted. They used a common framework across assessed regions, adapting it based on local specifics. The model estimated total returns as the sum of earnings growth, valuation changes and dividend yield, using assumptio

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