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MarketBeat
MarketBeat
Business
Gabriel Osorio-Mazilli

Goldman Sachs Warns of 20% Market Sell-Off: Are They Right?

The S&P 500 index is now celebrating a recovery of 20% since the lows it had made during so-called “Liberation Day,” when President Trump rolled out the first round of trade tariffs with virtually every major trading partner dealing with the United States, creating major volatility and uncertainty across the board. Despite a recent rally building up from a successful agreement between the United States and China, some out there think this will be short-lived.

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After agreeing to place a 90-day hold on these tariffs, the world’s two largest economies have given the stock market a second wind, especially for the bulls.

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