Goldman Sachs Reverses Recession Call
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Independent Journal Review |
Trump’s 90-day pause applies to most U.S. trading partners and effectively reverts to a temporary universal 10% baseline while negotiations continue, the president said on X.
Reuters |
The U.S. corporate bond market has shut again after opening for just one bond offering on Tuesday, as spreads in the week after President Donald Trump's Liberation Day tariffs have widened the most s...
Yahoo |
Rep. Steven Horsford (D-NV) pressed Greer on when he learned of the change in policy.
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Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price forecast for 2025 to $62 a barrel.
Goldman Sachs forecast that Brent and WTI crude prices would be at $62 a barrel and $58 by December 2025 and at $55 and $51 by December 2026, respectively, under two assumptions.
Last time I wrote about Goldman Sachs, my rating was a sell. Check out why I maintain my sell rating on GS stock.
Goldman Sachs has revised its forecast for Brent crude oil's average price for the year, lowering it by 5.5% to $69 per barrel.
Markets cheered the news of a 90-day pause on steep tariffs, but not everyone was comforted. One economist takes no solace in the president’s announcement and still believes there could be a recession,