Already have an account? log in
This article is FREE for you
Create a free account and join institutional investors, analysts and strategists from the world's largest banks
By submitting your email address you agree to receive communication by email
S&P Would Fall 7% In Worst-Case Trade War, Goldman Says (Don’t Ask About Any Second-Order ‘Nonlinearity’)
Let's be clear: It is impossible to estimate the impact of an all-out trade war on US equity prices
OR, subscribe now for unlimited access
By submitting your email address you agree to receive communication by email
By submitting your email address you agree to receive communication by email
A 7% decline would be lucky in my view.
This might just be just my opinion , but Goldman opinions ,estimates and research have drifted a king way downward in the last several years.
whoops….typo…that is long way downward
I don’t know how anything will shake out. All I want is for people to stop making year-end S&P 500 forecasts and high-stepping four months in when it looks like we are going to 3000. Nobody knows anything in a system governed by chaos, and there is no way to discern a systematic understanding of complex factors from one lucky guess among hundreds of different guesses.
thank you ….LOL
I think we have a MUCH farther way to fall. The extreme indebtedness, the far-flung global interdependencies, the excruciating parallels with ’29 (including a narrow-minded, pig-headed President), and the black swans’ emergence from hibernation…all suggest this coming October’s massacre will be deep and widespread. I’m out of the market and don’t know where to hide.