The S&P 500 is currently nearing Goldman Sachs’ three-month target of 5,300. According to David Kostin, the chief U.S. equity strategist at Goldman Sachs, the market faces significant near-term risks. In his report dated April 11, Kostin highlighted several concerns. He noted that there are increasing risks of a recession. Additionally, he pointed out that market volatility is on the rise. Kostin also mentioned that liquidity in the market is low. These factors suggest that the S&P 500 could experience a downturn in the near future.
Source: seekingalpha.com

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