There are 6 reasons why Goldman Sachs sees the market dropping nearly 20% in 3 months

CNBC Pro subscribersThe stock market has rebounded swiftly from its coronavirus low in March as investors bet on a reopening of the economy. However, Goldman Sachs warned sentiment will turn sour again soon as reality sets in.

A number of red flags in the market caused the bank to stick to its bearish view in the near-term, seeing the S&P 500 dropping nearly 20% in three months. Goldman broke down six reasons for a likely pullback.

Pro Why dont the nyse forbid short sales ?

Pro Oh jeez. Goldman called a bottom a few weeks ago. Please stop. So tired of what Goldman thinks.

Pro I m bearish 😱

Pro because too many ppl not believe in institutions anymore like cnbc coming twitter take attencion and ask for paying ? to read rest any kind of media must be paid by advertisers $120 a month to cables is ridiculous and now pay for read social media

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

6 reasons stock market will slide 18% in next 3 months: Goldman Sachs - Business InsiderThe stock market's recent rally from late-March lows is best attributed to investors' 'fear of missing out,' Goldman's analysts wrote Friday. who else is high? 🙎🏽 So what's happening after those 3 months? RevShark
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why stock market is higher despite unemployment, coronavirus job loss - Business InsiderOpinion | After a horrific month in which nearly 21 million Americans lost their jobs, why is the stock market still going up? By hblodget. hblodget Cause average feeling is that things will get back to normal fast. Average is wrong. hblodget Because conservative people and traders dont take any notice of the Liberal/Democrat Fake News outfits listed below pushing negative propaganda that the world is coming to an end.
Source: BusinessInsider - 🏆 729. / 51 Read more »