Goldman Sachs Slashes S&P 500 Forecasts Again Amid Tariff TensionsAfter a flurry of soft economic data, US stocks closed out last week with a 2% drop as investors reevaluate their assumptions about the economy. Goldman Sachs officially slashed its $S&P 500(.SPX)$ forecasts for the second time this month, citing higher tariffs and growing recession risks. The bank now expects the index to dip to 5,300 over the next three months, before rebounding to 5,700 by year-end and 5,900 in 12 months.The new year-end target marks a sharp downgrade from the earlier 6,200 and stands just 2% above where the index closed on Friday, putting it among the lowest forecasts on Wall Street,
Second-Best Month Fails? What's Your April Trade Plan?
History shows that, since 1971, April has been the second-best month of the year for the three major U.S. stock indexes, according to the Stock Traderโs Almanac. In postelection years since 1950, April has remained a top-performing month โ historically ranking as the second-best month for the Dow and the S&P 500, and the third-best month for the Nasdaq (see chart below). However, Trump's tougher-than-expected tariffs drag the market down. ---------------- Is the April effect still possible or not? What's your trade strategy for April?
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