Wall Street optimism fades amid economic uncertainty

* Goldman Sachs cuts year-end S and P 500 forecast to 6,200 from 6,500 * Morgan Stanley: If US economy enters recession, stocks could fall another 20% from current levels * Ed Yardeni: A recession would cost Republicans majorities in both houses of Congress in 2026 midterm elections

Mar 19, 2025 - 01:00
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Wall Street optimism fades amid economic uncertainty
* Goldman Sachs cuts year-end S and P 500 forecast to 6,200 from 6,500 * Morgan Stanley: If US economy enters recession, stocks could fall another 20% from current levels * Ed Yardeni: A recession would cost Republicans majorities in both houses of Congress in 2026 midterm elections

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