Fear And Loathing On The World's Largest Trading Desk: Goldman's Traders Reflect On Today's Crash

It was another dismal day in the market, and as Goldman's thematic desk writes after the close, "what started as a growth re-pricing from a very rich starting point is now morphing into a growth scare driven by tariffs, doge, retail selling, AI ambiguity, and a perceived willingness of the new administration to embrace short-term pain and/or create boardroom uncertainty."