When will the stock market hit bottom? Goldman says watch for this signal

"A shift to Fed easing is unlikely without a clear move into recession, but — as in late 2018 — a clear signal that tightening risks are receding may be sufficient," Chang said in the note.

Economic growth in the U.S. is already slowing. The Bureau of Labor Statistics reported earlier this month that gross domestic product unexpectedly shrank in the first quarter of the year, marking the worst performance since the spring of 2020, when the economy was still deep in the throes of the COVID-induced recession.

Fed policymakers already raised the benchmark interest rate by 50 basis points earlier this month for the first time in two decades and have signaled that more, similarly sized rate hikes are on the table at coming meetings as they rush to catch up with inflation.recently pledged that officials will "keep pushing" until inflation falls closer to the Fed's 2% target.

Or, until the unicorn runs past the bull and signals the market bottom. Goldman is full of corrupt employees that solely talk their book.

When you start hearing bailouts for big banks and wall street should be a pretty good indicator

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