There are 6 reasons why Goldman Sachs sees the market dropping nearly 20% in 3 months

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For subscribers: There are 6 reasons why Goldman Sachs sees the market dropping nearly 20% in 3 months Check out CNBCPro for a free trial.

CNBC Pro subscribersThe stock market has rebounded swiftly from its coronavirus low in March as investors bet on a reopening of the economy. However, Goldman Sachs warned sentiment will turn sour again soon as reality sets in.

A number of red flags in the market caused the bank to stick to its bearish view in the near-term, seeing the S&P 500 dropping nearly 20% in three months. Goldman broke down six reasons for a likely pullback.

Source: News Formal (newsformal.com)

 

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Pro Why dont the nyse forbid short sales ?

Pro Oh jeez. Goldman called a bottom a few weeks ago. Please stop. So tired of what Goldman thinks.

Pro I m bearish 😱

Pro because too many ppl not believe in institutions anymore like cnbc coming twitter take attencion and ask for paying ? to read rest any kind of media must be paid by advertisers $120 a month to cables is ridiculous and now pay for read social media

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