Markets are experiencing heightened volatility—global stocks are falling, gold is reaching new highs, and US government bonds are climbing.
US stock markets have declined this year amid fears that the Trump administration’s tariffs could trigger a global trade war, slowing economic growth and driving inflation. The S&P 500 and Nasdaq are set for their biggest quarterly losses in three years, with tech stocks hit hardest—Nvidia fell 3.9%, Microsoft dropped 2.2%, and Tesla declined 4% after a lowered delivery forecast. Goldman Sachs raised the odds of a US recession to 35%, cut its S&P 500 year-end target to 5,700, and predicted further Fed rate cuts. Investors are also watching key economic data and speeches from Fed officials, including Chair Jerome Powell.
Uncertainty is a reminder that proactive financial planning is essential. Now is the time to review your investment strategy, reassess risk exposure, and ensure you’re positioned for resilience.
Amid ongoing tariff uncertainties, Goldman Sachs has raised the probability of a US recession to 35% (up from 20%), adjusted its S&P 500 year-end target to 5,700, and anticipates further rate cuts by the Federal Reserve.
