The bank cited two main changes in the oil markets.
The US economy faces a growing risk of a recession as surging tariffs threaten to stunt growth, reignite inflation and lift unemployment, according to Goldman Sachs.
On the charts, GS has dropped 16.6% over the past month, pressured by its 10-day moving average. Though it boasts a 41.7% year-over-year gain, it's down 3.8% in 2025, after falling from its Feb. 18 ...
Goldman Sachs analysts have lowered their forecast for the S&P 500 this year following a broad sell-off to start this week amid uncertainty around the Trump administration's proposed tariffs and the ...