The Trump Administration’s dramatic tariff moves have upended decades of US trade policy, sparking a rapid reassessment of the US and global economic outlook and a surge in tariff-induced recession fears. What lies ahead for the US economy amid this radical policy shift—and especially the uncertainty around it—is Top of Mind.   Top of MindTariff-induced recession risk Read the Reportdownload Listen to podcast Download Transcript

The S&P 500 may offer a good opportunity for active stock pickers, as company-specific factors take precedence over macro trends in driving returns. The opportunity for active investing comes as Goldman Sachs Research predicts the S&P 500 Index will climb some 6% this year. S&P 500 return dispersion last year registered one of the highest levels on record, meaning there was a considerable gap between the best and...

Financial markets have whipsawed amid tariff negotiations between the US and its major trade partners. If the US implements sustained taxes on exports similar to those that have recently been proposed, it would likely cut S&P 500 Index earnings per share by 2-3%, according to Goldman Sachs Research. Beyond the additional 10% tariff on imports from China, the Trump administration has proposed, and since delayed, a 25% tariff...