Recession Will Push S&P 500 to 3,600, Goldman Sachs Says

seekingalpha2022-05-16

Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Scott Olson/Getty Images NewsGoldman's equity strategy team cut its end-2022 target for the S&P 500 (...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

RobinChanKH
2022-05-16
RobinChanKH
another 400 pts coming??
RobinChanKH
2022-05-16
RobinChanKH
another 400 points coming??
SSVC
2022-05-16
SSVC
K
LEESIMON
2022-05-16
LEESIMON
ok
Jojo888
2022-05-16
Jojo888
Ok

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2235492043?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-05-16 11:26","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2235492043","market":"us","top_or_hot":-1,"title":"Recession Will Push S&P 500 to 3,600, Goldman Sachs Says","media":"seekingalpha","content":"<div>\n<p>Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Scott Olson/Getty Images NewsGoldman's equity strategy team cut its end-2022 target for the S&P 500 (...</p>\n\n<a href=\"https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Recession Will Push S&P 500 to 3,600, Goldman Sachs Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRecession Will Push S&P 500 to 3,600, Goldman Sachs Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-16 11:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Scott Olson/Getty Images NewsGoldman's equity strategy team cut its end-2022 target for the S&P 500 (...</p>\n\n<a href=\"https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs","article_id":"2235492043","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2235492043","pubTimestamp":1652671574,"columns":[],"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Sc","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"translate_title":"高盛称，经济衰退将使标普500升至3600人","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.6},"content_text":"Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Scott Olson/Getty Images NewsGoldman's equity strategy team cut its end-2022 target for the S&P 500 (SP500) (NYSEARCA:SPY) to 4,300 from 4,700, noting investors have been \"mauled\" since the Jan. 3 peak for the index.But if there is a recession, it would push the S&P down to 3,600, which would be an 11% drop from current levels.\"Our economists assign a 35% probability of recession in the next two years,\" strategist David Kostin wrote in a note. \"However, if by year-end the economy is poised to enter a recession in 2023, a combination of reduced EPS estimates and a wider yield gap would drive a lower index level.\"If the economy avoids recession, but real rates (TIP) keep rising, that would take the S&P down to 3,800.\"If the Fed is forced to hike by more than our economists expect and real rates rise to 1%, similar to the peak reached during the last cycle in 2018, our macro model suggests that higher rates will more than offset the lower yield gap,\" Kostin said. \"In this scenario, the forward P/E would equal 16x, the lowest level since 2020.\"Goldman did boost its 2022 EPS forecast to up 8% from up 5% after Q1 results.See BofA's buy the dip screens.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9020440052,"gmtCreate":1652677255676,"gmtModify":1676535139762,"author":{"id":"3585125163446793","authorId":"3585125163446793","name":"RobinChanKH","avatar":"https://community-static.tradeup.com/news/6a29bc2ef443d458e3076e29dd8d5455","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"idStr":"3585125163446793","authorIdStr":"3585125163446793"},"htmlText":"another 400 pts coming??&nbsp;","listText":"another 400 pts coming??&nbsp;","text":"another 400 pts coming??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9020440052","repostId":2235492043,"repostType":2,"repost":{"id":"2235492043","kind":"news","pubTimestamp":1652671574,"share":"https://ttm.financial/m/news/2235492043?lang=&edition=fundamental","pubTime":"2022-05-16 11:26","market":"us","language":"en","title":"Recession Will Push S&P 500 to 3,600, Goldman Sachs Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2235492043","media":"seekingalpha","summary":"Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Sc","content":"<html><head></head><body><p>Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4a17cf2ed63dea8cd18a7e33493b714d\" tg-width=\"750\" tg-height=\"487\" referrerpolicy=\"no-referrer\"/><span>Scott Olson/Getty Images News</span></p><p>Goldman&#39;s equity strategy team cut its end-2022 target for the S&amp;P 500 (SP500) (NYSEARCA:SPY) to 4,300 from 4,700, noting investors have been &#34;mauled&#34; since the Jan. 3 peak for the index.</p><p>But if there is a recession, it would push the S&amp;P down to 3,600, which would be an 11% drop from current levels.</p><p>&#34;Our economists assign a 35% probability of recession in the next two years,&#34; strategist David Kostin wrote in a note. &#34;However, if by year-end the economy is poised to enter a recession in 2023, a combination of reduced EPS estimates and a wider yield gap would drive a lower index level.&#34;</p><p>If the economy avoids recession, but real rates (TIP) keep rising, that would take the S&amp;P down to 3,800.</p><p>&#34;If the Fed is forced to hike by more than our economists expect and real rates rise to 1%, similar to the peak reached during the last cycle in 2018, our macro model suggests that higher rates will more than offset the lower yield gap,&#34; Kostin said. &#34;In this scenario, the forward P/E would equal 16x, the lowest level since 2020.&#34;</p><p>Goldman did boost its 2022 EPS forecast to up 8% from up 5% after Q1 results.</p><p>See BofA&#39;s buy the dip screens.</p><p><img src=\"https://static.tigerbbs.com/9b544b7041de1dde8000a221ecb25d32\" tg-width=\"693\" tg-height=\"481\" referrerpolicy=\"no-referrer\"/></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Recession Will Push S&P 500 to 3,600, Goldman Sachs Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRecession Will Push S&P 500 to 3,600, Goldman Sachs Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-16 11:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Scott Olson/Getty Images NewsGoldman's equity strategy team cut its end-2022 target for the S&P 500 (...</p>\n\n<a href=\"https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2235492043","content_text":"Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Scott Olson/Getty Images NewsGoldman's equity strategy team cut its end-2022 target for the S&P 500 (SP500) (NYSEARCA:SPY) to 4,300 from 4,700, noting investors have been \"mauled\" since the Jan. 3 peak for the index.But if there is a recession, it would push the S&P down to 3,600, which would be an 11% drop from current levels.\"Our economists assign a 35% probability of recession in the next two years,\" strategist David Kostin wrote in a note. \"However, if by year-end the economy is poised to enter a recession in 2023, a combination of reduced EPS estimates and a wider yield gap would drive a lower index level.\"If the economy avoids recession, but real rates (TIP) keep rising, that would take the S&P down to 3,800.\"If the Fed is forced to hike by more than our economists expect and real rates rise to 1%, similar to the peak reached during the last cycle in 2018, our macro model suggests that higher rates will more than offset the lower yield gap,\" Kostin said. \"In this scenario, the forward P/E would equal 16x, the lowest level since 2020.\"Goldman did boost its 2022 EPS forecast to up 8% from up 5% after Q1 results.See BofA's buy the dip screens.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9020457753,"gmtCreate":1652677233572,"gmtModify":1676535139770,"author":{"id":"3585125163446793","authorId":"3585125163446793","name":"RobinChanKH","avatar":"https://community-static.tradeup.com/news/6a29bc2ef443d458e3076e29dd8d5455","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"idStr":"3585125163446793","authorIdStr":"3585125163446793"},"htmlText":"another 400 points coming??&nbsp;","listText":"another 400 points coming??&nbsp;","text":"another 400 points coming??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9020457753","repostId":2235492043,"repostType":2,"repost":{"id":"2235492043","kind":"news","pubTimestamp":1652671574,"share":"https://ttm.financial/m/news/2235492043?lang=&edition=fundamental","pubTime":"2022-05-16 11:26","market":"us","language":"en","title":"Recession Will Push S&P 500 to 3,600, Goldman Sachs Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2235492043","media":"seekingalpha","summary":"Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Sc","content":"<html><head></head><body><p>Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4a17cf2ed63dea8cd18a7e33493b714d\" tg-width=\"750\" tg-height=\"487\" referrerpolicy=\"no-referrer\"/><span>Scott Olson/Getty Images News</span></p><p>Goldman&#39;s equity strategy team cut its end-2022 target for the S&amp;P 500 (SP500) (NYSEARCA:SPY) to 4,300 from 4,700, noting investors have been &#34;mauled&#34; since the Jan. 3 peak for the index.</p><p>But if there is a recession, it would push the S&amp;P down to 3,600, which would be an 11% drop from current levels.</p><p>&#34;Our economists assign a 35% probability of recession in the next two years,&#34; strategist David Kostin wrote in a note. &#34;However, if by year-end the economy is poised to enter a recession in 2023, a combination of reduced EPS estimates and a wider yield gap would drive a lower index level.&#34;</p><p>If the economy avoids recession, but real rates (TIP) keep rising, that would take the S&amp;P down to 3,800.</p><p>&#34;If the Fed is forced to hike by more than our economists expect and real rates rise to 1%, similar to the peak reached during the last cycle in 2018, our macro model suggests that higher rates will more than offset the lower yield gap,&#34; Kostin said. &#34;In this scenario, the forward P/E would equal 16x, the lowest level since 2020.&#34;</p><p>Goldman did boost its 2022 EPS forecast to up 8% from up 5% after Q1 results.</p><p>See BofA&#39;s buy the dip screens.</p><p><img src=\"https://static.tigerbbs.com/9b544b7041de1dde8000a221ecb25d32\" tg-width=\"693\" tg-height=\"481\" referrerpolicy=\"no-referrer\"/></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Recession Will Push S&P 500 to 3,600, Goldman Sachs Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRecession Will Push S&P 500 to 3,600, Goldman Sachs Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-16 11:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Scott Olson/Getty Images NewsGoldman's equity strategy team cut its end-2022 target for the S&P 500 (...</p>\n\n<a href=\"https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2235492043","content_text":"Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Scott Olson/Getty Images NewsGoldman's equity strategy team cut its end-2022 target for the S&P 500 (SP500) (NYSEARCA:SPY) to 4,300 from 4,700, noting investors have been \"mauled\" since the Jan. 3 peak for the index.But if there is a recession, it would push the S&P down to 3,600, which would be an 11% drop from current levels.\"Our economists assign a 35% probability of recession in the next two years,\" strategist David Kostin wrote in a note. \"However, if by year-end the economy is poised to enter a recession in 2023, a combination of reduced EPS estimates and a wider yield gap would drive a lower index level.\"If the economy avoids recession, but real rates (TIP) keep rising, that would take the S&P down to 3,800.\"If the Fed is forced to hike by more than our economists expect and real rates rise to 1%, similar to the peak reached during the last cycle in 2018, our macro model suggests that higher rates will more than offset the lower yield gap,\" Kostin said. \"In this scenario, the forward P/E would equal 16x, the lowest level since 2020.\"Goldman did boost its 2022 EPS forecast to up 8% from up 5% after Q1 results.See BofA's buy the dip screens.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9020429616,"gmtCreate":1652674613336,"gmtModify":1676535139373,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574906731000207","authorIdStr":"3574906731000207"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9020429616","repostId":2235492043,"repostType":4,"repost":{"id":"2235492043","kind":"news","pubTimestamp":1652671574,"share":"https://ttm.financial/m/news/2235492043?lang=&edition=fundamental","pubTime":"2022-05-16 11:26","market":"us","language":"en","title":"Recession Will Push S&P 500 to 3,600, Goldman Sachs Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2235492043","media":"seekingalpha","summary":"Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Sc","content":"<html><head></head><body><p>Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4a17cf2ed63dea8cd18a7e33493b714d\" tg-width=\"750\" tg-height=\"487\" referrerpolicy=\"no-referrer\"/><span>Scott Olson/Getty Images News</span></p><p>Goldman&#39;s equity strategy team cut its end-2022 target for the S&amp;P 500 (SP500) (NYSEARCA:SPY) to 4,300 from 4,700, noting investors have been &#34;mauled&#34; since the Jan. 3 peak for the index.</p><p>But if there is a recession, it would push the S&amp;P down to 3,600, which would be an 11% drop from current levels.</p><p>&#34;Our economists assign a 35% probability of recession in the next two years,&#34; strategist David Kostin wrote in a note. &#34;However, if by year-end the economy is poised to enter a recession in 2023, a combination of reduced EPS estimates and a wider yield gap would drive a lower index level.&#34;</p><p>If the economy avoids recession, but real rates (TIP) keep rising, that would take the S&amp;P down to 3,800.</p><p>&#34;If the Fed is forced to hike by more than our economists expect and real rates rise to 1%, similar to the peak reached during the last cycle in 2018, our macro model suggests that higher rates will more than offset the lower yield gap,&#34; Kostin said. &#34;In this scenario, the forward P/E would equal 16x, the lowest level since 2020.&#34;</p><p>Goldman did boost its 2022 EPS forecast to up 8% from up 5% after Q1 results.</p><p>See BofA&#39;s buy the dip screens.</p><p><img src=\"https://static.tigerbbs.com/9b544b7041de1dde8000a221ecb25d32\" tg-width=\"693\" tg-height=\"481\" referrerpolicy=\"no-referrer\"/></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Recession Will Push S&P 500 to 3,600, Goldman Sachs Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRecession Will Push S&P 500 to 3,600, Goldman Sachs Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-16 11:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Scott Olson/Getty Images NewsGoldman's equity strategy team cut its end-2022 target for the S&P 500 (...</p>\n\n<a href=\"https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2235492043","content_text":"Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Scott Olson/Getty Images NewsGoldman's equity strategy team cut its end-2022 target for the S&P 500 (SP500) (NYSEARCA:SPY) to 4,300 from 4,700, noting investors have been \"mauled\" since the Jan. 3 peak for the index.But if there is a recession, it would push the S&P down to 3,600, which would be an 11% drop from current levels.\"Our economists assign a 35% probability of recession in the next two years,\" strategist David Kostin wrote in a note. \"However, if by year-end the economy is poised to enter a recession in 2023, a combination of reduced EPS estimates and a wider yield gap would drive a lower index level.\"If the economy avoids recession, but real rates (TIP) keep rising, that would take the S&P down to 3,800.\"If the Fed is forced to hike by more than our economists expect and real rates rise to 1%, similar to the peak reached during the last cycle in 2018, our macro model suggests that higher rates will more than offset the lower yield gap,\" Kostin said. \"In this scenario, the forward P/E would equal 16x, the lowest level since 2020.\"Goldman did boost its 2022 EPS forecast to up 8% from up 5% after Q1 results.See BofA's buy the dip screens.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9020461060,"gmtCreate":1652673614850,"gmtModify":1676535138995,"author":{"id":"3579044609497336","authorId":"3579044609497336","name":"LEESIMON","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3579044609497336","authorIdStr":"3579044609497336"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9020461060","repostId":2235492043,"repostType":4,"repost":{"id":"2235492043","kind":"news","pubTimestamp":1652671574,"share":"https://ttm.financial/m/news/2235492043?lang=&edition=fundamental","pubTime":"2022-05-16 11:26","market":"us","language":"en","title":"Recession Will Push S&P 500 to 3,600, Goldman Sachs Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2235492043","media":"seekingalpha","summary":"Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Sc","content":"<html><head></head><body><p>Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4a17cf2ed63dea8cd18a7e33493b714d\" tg-width=\"750\" tg-height=\"487\" referrerpolicy=\"no-referrer\"/><span>Scott Olson/Getty Images News</span></p><p>Goldman&#39;s equity strategy team cut its end-2022 target for the S&amp;P 500 (SP500) (NYSEARCA:SPY) to 4,300 from 4,700, noting investors have been &#34;mauled&#34; since the Jan. 3 peak for the index.</p><p>But if there is a recession, it would push the S&amp;P down to 3,600, which would be an 11% drop from current levels.</p><p>&#34;Our economists assign a 35% probability of recession in the next two years,&#34; strategist David Kostin wrote in a note. &#34;However, if by year-end the economy is poised to enter a recession in 2023, a combination of reduced EPS estimates and a wider yield gap would drive a lower index level.&#34;</p><p>If the economy avoids recession, but real rates (TIP) keep rising, that would take the S&amp;P down to 3,800.</p><p>&#34;If the Fed is forced to hike by more than our economists expect and real rates rise to 1%, similar to the peak reached during the last cycle in 2018, our macro model suggests that higher rates will more than offset the lower yield gap,&#34; Kostin said. &#34;In this scenario, the forward P/E would equal 16x, the lowest level since 2020.&#34;</p><p>Goldman did boost its 2022 EPS forecast to up 8% from up 5% after Q1 results.</p><p>See BofA&#39;s buy the dip screens.</p><p><img src=\"https://static.tigerbbs.com/9b544b7041de1dde8000a221ecb25d32\" tg-width=\"693\" tg-height=\"481\" referrerpolicy=\"no-referrer\"/></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Recession Will Push S&P 500 to 3,600, Goldman Sachs Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRecession Will Push S&P 500 to 3,600, Goldman Sachs Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-16 11:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Scott Olson/Getty Images NewsGoldman's equity strategy team cut its end-2022 target for the S&P 500 (...</p>\n\n<a href=\"https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2235492043","content_text":"Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Scott Olson/Getty Images NewsGoldman's equity strategy team cut its end-2022 target for the S&P 500 (SP500) (NYSEARCA:SPY) to 4,300 from 4,700, noting investors have been \"mauled\" since the Jan. 3 peak for the index.But if there is a recession, it would push the S&P down to 3,600, which would be an 11% drop from current levels.\"Our economists assign a 35% probability of recession in the next two years,\" strategist David Kostin wrote in a note. \"However, if by year-end the economy is poised to enter a recession in 2023, a combination of reduced EPS estimates and a wider yield gap would drive a lower index level.\"If the economy avoids recession, but real rates (TIP) keep rising, that would take the S&P down to 3,800.\"If the Fed is forced to hike by more than our economists expect and real rates rise to 1%, similar to the peak reached during the last cycle in 2018, our macro model suggests that higher rates will more than offset the lower yield gap,\" Kostin said. \"In this scenario, the forward P/E would equal 16x, the lowest level since 2020.\"Goldman did boost its 2022 EPS forecast to up 8% from up 5% after Q1 results.See BofA's buy the dip screens.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9020482782,"gmtCreate":1652673064946,"gmtModify":1676535138881,"author":{"id":"3583107816650694","authorId":"3583107816650694","name":"Jojo888","avatar":"https://static.tigerbbs.com/2f316062a27488f432a277a1f87465cc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583107816650694","authorIdStr":"3583107816650694"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9020482782","repostId":2235492043,"repostType":4,"repost":{"id":"2235492043","kind":"news","pubTimestamp":1652671574,"share":"https://ttm.financial/m/news/2235492043?lang=&edition=fundamental","pubTime":"2022-05-16 11:26","market":"us","language":"en","title":"Recession Will Push S&P 500 to 3,600, Goldman Sachs Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2235492043","media":"seekingalpha","summary":"Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Sc","content":"<html><head></head><body><p>Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4a17cf2ed63dea8cd18a7e33493b714d\" tg-width=\"750\" tg-height=\"487\" referrerpolicy=\"no-referrer\"/><span>Scott Olson/Getty Images News</span></p><p>Goldman&#39;s equity strategy team cut its end-2022 target for the S&amp;P 500 (SP500) (NYSEARCA:SPY) to 4,300 from 4,700, noting investors have been &#34;mauled&#34; since the Jan. 3 peak for the index.</p><p>But if there is a recession, it would push the S&amp;P down to 3,600, which would be an 11% drop from current levels.</p><p>&#34;Our economists assign a 35% probability of recession in the next two years,&#34; strategist David Kostin wrote in a note. &#34;However, if by year-end the economy is poised to enter a recession in 2023, a combination of reduced EPS estimates and a wider yield gap would drive a lower index level.&#34;</p><p>If the economy avoids recession, but real rates (TIP) keep rising, that would take the S&amp;P down to 3,800.</p><p>&#34;If the Fed is forced to hike by more than our economists expect and real rates rise to 1%, similar to the peak reached during the last cycle in 2018, our macro model suggests that higher rates will more than offset the lower yield gap,&#34; Kostin said. &#34;In this scenario, the forward P/E would equal 16x, the lowest level since 2020.&#34;</p><p>Goldman did boost its 2022 EPS forecast to up 8% from up 5% after Q1 results.</p><p>See BofA&#39;s buy the dip screens.</p><p><img src=\"https://static.tigerbbs.com/9b544b7041de1dde8000a221ecb25d32\" tg-width=\"693\" tg-height=\"481\" referrerpolicy=\"no-referrer\"/></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Recession Will Push S&P 500 to 3,600, Goldman Sachs Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRecession Will Push S&P 500 to 3,600, Goldman Sachs Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-16 11:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Scott Olson/Getty Images NewsGoldman's equity strategy team cut its end-2022 target for the S&P 500 (...</p>\n\n<a href=\"https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3838900-recession-will-push-sp-500-to-3600-goldman-sachs","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2235492043","content_text":"Goldman Sachs is cutting its market forecast for the year, but that baseline assumes no recession.Scott Olson/Getty Images NewsGoldman's equity strategy team cut its end-2022 target for the S&P 500 (SP500) (NYSEARCA:SPY) to 4,300 from 4,700, noting investors have been \"mauled\" since the Jan. 3 peak for the index.But if there is a recession, it would push the S&P down to 3,600, which would be an 11% drop from current levels.\"Our economists assign a 35% probability of recession in the next two years,\" strategist David Kostin wrote in a note. \"However, if by year-end the economy is poised to enter a recession in 2023, a combination of reduced EPS estimates and a wider yield gap would drive a lower index level.\"If the economy avoids recession, but real rates (TIP) keep rising, that would take the S&P down to 3,800.\"If the Fed is forced to hike by more than our economists expect and real rates rise to 1%, similar to the peak reached during the last cycle in 2018, our macro model suggests that higher rates will more than offset the lower yield gap,\" Kostin said. \"In this scenario, the forward P/E would equal 16x, the lowest level since 2020.\"Goldman did boost its 2022 EPS forecast to up 8% from up 5% after Q1 results.See BofA's buy the dip screens.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":61,"commentSize":5,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2235492043"}