Goldman Sachs slashes growth forecast on tariff tension.

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Goldman Sachs has already cut its S&P 500 forecast for the second time this month, citing growing recession risks. Firms that rely on smooth global supply chains are on edge as costs could spike. Traders have rushed towards ‘safe’ assets like bonds and gold, anticipating volatility in equities.

Interestingly, as talk of tariffs ramps up, chatter about recession is actually taking a back seat. Corporate conference calls reflect more concern over trade policy than the dreaded ‘R-word.’ Investors are learning that tariffs don’t just affect prices in shops, they can squeeze profit margins and dent overall growth.