Goldman Sachs has revised its forecast for the S&P 500, now predicting an 11% gain in stocks over the next 12 months. The move comes as investors struggle to understand the implications of the latest White House decision on tariffs.
Senior analyst Ipek Ozkardeskaya at Swissquote Bank warns that the market’s “suspiciously optimistic” tone may be ignoring potential fallout from tariffs on supply chains, earnings, growth, and inflation. She cautions against assuming a quick resolution to issues in the next three weeks, likening it to seeing unicorns in the sky.
As investors weigh the latest development, Goldman Sachs’ revised forecast offers some insight into the outlook for the markets ahead.
Source: https://www.marketwatch.com/story/goldman-sachs-lifts-its-s-p-500-forecasts-strategists-say-these-three-investment-moves-are-crucial-c7d2a661