Tag Archives: Goldman

Stock Market Outlook: S&P 500 Correction Risk Has Spiked, Goldman Says

Stock Market Outlook: S&P 500 Correction Risk Has Spiked, Goldman Says

The stock market’s hot streak might soon come to an abrupt end, Goldman Sachs said. In a note to clients, the bank said that its equity asymmetry framework — one of its gauges that assesses stocks based on the market environment and the latest economic data — was sending a signal that the risk for a coming stock market drop …

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As Trump berates Goldman, economists agree higher tariff inflation coming

As Trump berates Goldman, economists agree higher tariff inflation coming

People shop for pet supplies at a pet retail store in New York City, Aug. 12, 2025. Spencer Platt | Getty Images Goldman Sachs is taking the heat for its call that heavier tariff-induced consumer inflation is ahead, but it’s far from alone in that view among its Wall Street brethren. Despite investors’ embrace of Tuesday’s fairly benign consumer price …

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Goldman Sachs doubles down on tariff research that infuriated Trump, saying average Americans will bear two-thirds of the costs

Goldman Sachs doubles down on tariff research that infuriated Trump, saying average Americans will bear two-thirds of the costs

Goldman Sachs is refusing to back away from its analysis that Americans—not foreign exporters or overseas governments—are bearing the majority of costs from President Donald Trump’s sweeping tariffs. The Wall Street giant doubled down this week on chief economist Jan Hatzius’s research as inflation data showed a jump in consumer prices and the political backlash from the White House intensified. …

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Trump tells Goldman Sachs to get new economist after tariff forecast

Trump tells Goldman Sachs to get new economist after tariff forecast

Aug. 13 (UPI) — President Donald Trump called for Goldman Sachs CEO David Solomon to replace its chief economist after a prediction that consumers would pay the brunt of the cost for tariffs. Trump wrote in a Truth Social post on Tuesday that Solomon and Goldman Sachs “refuse to give credit where credit is due” as he sought to minimize …

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Goldman economist, uncowed by Trump attack, plans to ‘keep doing’ as before

Goldman economist, uncowed by Trump attack, plans to ‘keep doing’ as before

(Reuters) -A top economist for Goldman Sachs (GS) on Wednesday signaled no plans to change how his team conducts and publishes its research after President Donald Trump lashed out at the Wall Street firm and its chief executive because of the research team’s estimate that American consumers would bear the brunt of the costs of Trump’s tariffs. Chief U.S. Economist …

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Trump tells Goldman Sachs CEO to replace economist over tariff predictions

Trump tells Goldman Sachs CEO to replace economist over tariff predictions

Goldman Sachs CEO David Solomon participates in an Invest America Roundtable in the State Dining Room at the White House, in Washington, June 9, 2025. Evelyn Hockstein | Reuters President Donald Trump on Tuesday said Goldman Sachs CEO David Solomon should either replace the bank’s economist or “just focus on being a DJ,” days after Goldman’s chief economist warned that …

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Trump tells Goldman Sachs CEO to hire a new economist after bank says consumers will pay bulk of tariff costs

Trump tells Goldman Sachs CEO to hire a new economist after bank says consumers will pay bulk of tariff costs

Facebook Tweet Email Link Days after Goldman Sachs’ top economists published research claiming price increases stemming from higher tariffs are poised to soon be borne mostly by consumers, President Donald Trump is urging the bank’s CEO, David Solomon, to get a new economist. “Tariffs have not caused Inflation, or any other problems for America, other than massive amounts of CASH …

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Trump Calls on Goldman to Replace Economist Over Tariff Stance – The Wall Street Journal

Trump Calls on Goldman to Replace Economist Over Tariff Stance  The Wall Street Journal Trump fumes and again insists companies pay tariffs not consumers as he bashes criticism of his plan  The Independent Trump rebukes Goldman’s Solomon and bank’s economics research on tariff impact  Reuters Trump Mocks Goldman CEO, Says Bank Made Bad Call on Tariffs  Bloomberg.com Trump mocks Goldman Sachs CEO David Solomon: …

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Trump Mocks Goldman CEO, Says Bank Made Bad Call on Tariffs – Bloomberg.com

Trump Mocks Goldman CEO, Says Bank Made Bad Call on Tariffs  Bloomberg.com ‘Just Focus on Being a DJ’—Trump Attacks Goldman CEO Over Tariffs  The Wall Street Journal Trump blasts Goldman over tariff forecasts, tells David Solomon to ‘focus on being a DJ’  Yahoo Finance Trump mocks Goldman Sachs CEO David Solomon: ‘Maybe, he ought to just focus on being a DJ’  Business Insider Trump …

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