Goldman Sachs Trading Volume Drops 23.52% Ranking 63rd Amid Economic Outlook Revision

On April 1, 2025, Goldman Sachs (GS) saw a trading volume of $1.018 billion, a 23.52% decrease from the previous day, ranking 63rd in the day's stock market activity. The stock price rose by 0.40%, marking the second consecutive day of gains, with a total increase of 0.98% over the past two days.

Goldman Sachs has revised its economic outlook, lowering its S&P 500 target to 5,900. This adjustment comes in response to higher tariffs, weaker economic growth, and increased recession risks. The bank now estimates a 35% probability of a recession occurring within the next 12 months, up from the previous 20%. This revision reflects the bank's concern over the potential long-term impact of tariffs on corporate profits and stock valuations.

Goldman Sachs has also cut its US GDP forecast for the second time in a month, while increasing its inflation outlook and recession odds. The bank's strategists warn that if history repeats itself, stocks could face significant declines. This shift in outlook underscores the bank's growing concern over the economic landscape and the potential for a recession.