Another 27% drop in the S&P 500 could happen if inflation hawks are right, Goldman Sachs team warns

Another 27% drop in the S&P 500 could happen if inflation hawks are right, Goldman Sachs team warns

Not exactly TGIF this Friday. What the seller is slowly realizing is not only that the Fed is going to be aggressive in September after the shocking latest inflation figure, but that the central bank will have to hold rates higher and for longer. The British pound GBPUSD, -0.45%, in some ways a proxy for …

Another 27% drop in the S&P 500 could happen if inflation hawks are right, Goldman Sachs team warns Read More »