Goldman Takes Machete To Its Economic Forecast, Cuts S&P Price Target For 2nd Time In Month, Sees S&P Ending 2025 At 5,700

For the second time in a month, Goldman Sachs strategists cut both their US GDP forecast (while hiking their inflation outlook and recession odds, now at 35%) and their S&P 500 price target. 

In notes published on Sunday, Goldman chief economist Jan Hatzius (