Global investors are being overly cautious about potential financial market instability caused by a delayed outcome in the upcoming US presidential election, according to Goldman Sachs Group Inc.

Analysts from the firm, Michael Cahill, Lexi Kanter, and Alec Phillips, believe that while there are risks associated with a prolonged vote count, the likelihood of markets failing to respond to the expected election results on election night or the following morning is being exaggerated.

Goldman Sachs emphasizes that market participants should focus on the probable election outcome rather than the uncertainties surrounding the timing of the results. This perspective suggests that investors may be too cautious and could miss out on opportunities as the election progresses.