Goldman Warns S&P 500 Could Decline to 6300 if Growth Weakens
Goldman Sachs has cautioned that the S&P 500 could drop to around 6300 in a moderate growth shock scenario, driven by weakening economic momentum, higher oil prices from geopolitical tensions including the Iran conflict, and resulting compression in valuation multiples as investor sentiment deteriorates. Despite this downside risk, the firm maintains a constructive longer-term view … Read more