Goldman Sachs: Significant downward revision of forecasts!
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Goldman Sachs announced on March 31 that it has made significant downward adjustments to its forecasts, expecting the United States to implement an average 15% reciprocal tariff starting April 2, which may have a negative impact on the market. The forecast for core personal consumption expenditures in the U.S. for 2025 has been raised to 3.5%, while the GDP growth forecast has been lowered to 1%, and the unemployment rate has been raised to 4.5%. The probability of an economic recession in the next 12 months has increased to 35%. The 3-month and 12-month return rate forecasts for the S&P 500 index have been lowered to -5% and +6%, respectively
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