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Stock impact report

Trump's tariff pause won't stop the stock market from falling, Goldman Sachs says [Yahoo! Finance]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Yahoo! Finance
The bank said the risk of further downside climbed past 35%, even as Trump hit pause on tariffs. The risk of a stock correction has remained elevated since January, analysts said in a note. President Donald Trump's tariff pause probably isn't enough to stem a deeper correction in the stock market, Goldman Sachs said Thursday. Already, stocks on Thursday were giving back a chunk of the gains recorded in Wednesday's historic session . Analysts at Goldman Sachs said they still saw an "elevated" risk that stocks would fall even further, even after the significant drawdown in the market in recent weeks and despite Trump dialing back most of his tariffs on Wednesday. Goldman Sachs' equity drawdown risk model, which bases its probability of further market downside on a handful of indicators, recently spiked past 35% on both a three-month and a 12-month horizon. That's a strong signal that the S&P 500 is headed for further declines, the bank wrote in a note, adding that the model's d Show less Read more
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