Goldman Sachs: Trump Tariffs Put US in 'Event-Driven' Bear Market
The US stock market has gotten off to a shaky start in 2025. However, things took a turn for the worse with the arrival of US President Trump’s Liberation Day economic policy. Indeed, Goldman Sachs has recently said that the Trump tariff plan now puts the US in an ‘event-driven’ bear market. Wall Street rebounded notably to start Tuesday before things plummeted. Specifically, the Dow Jones Index erased 1,400 points gained after the Trump administration announced it would be placing 104% tariffs on China. With many expecting a trade war, experts are not optimistic about what this could mean for investment markets in the short term. Source: The New York Times Also Read: Analyst Explains When the US Stock Market Will Rebound Goldman Sachs Speaks on Trump Tariff-Driven Bear Market of 2025 There is no denying that the US stock market is in a concerning spot just three months into the year. Mega-cap stocks like Nvidia (NVDA) and Tesla (TSLA) had been declining and failed to ...