Goldman Sees U.S. Stocks Declining 10% in Next Three Months

Market Trading Floor

David Kostin, chief US equity strategist for Goldman Sachs

PredictionThree-month price returns for U.S. stocks will be negative 10%
SourceBusiness Insider
Date of PredictionAugust 7, 2016
Date to CheckNovember 7, 2016

We will be grading this one against the S&P 500’s Friday close of 2,182.87. Let’s hope the vampire squid is wrong! If they’re right, an economic downturn might benefit Trump as the outsider in the presidential race.