Drop another 19%? Goldman Sachs warns: If the oil price shock persists, the S&P 500 could fall to 5,400 points in the worst-case scenario.
Wall Street’s year-end forecasts have repeatedly missed the mark, and now the overly optimistic predictions for the end of 2025 are again being “slapped in the face” due to the Iran shock. Goldman Sachs’ latest report shows that, in an extreme scenario, the S&P 500 index could