{
}
President Trump's upcoming tariff announcement on April 2 may surprise investors, with Goldman Sachs predicting initial duties could be significantly higher than the expected 9 percent. While stocks surged following hints of a potential scaling back, the new tariffs could raise the overall U.S. tariff rate by up to 15 percentage points, affecting nearly all trade. The administration's willingness to delay duties on certain goods suggests a cautious approach, especially given the broader implications for imports.
Goldman Sachs has revised its GBP forecasts upward, anticipating stronger performance against both the USD and EUR through 2026. The upgrades are attributed to better-than-expected UK growth, fiscal discipline, and limited exposure to US tariffs, alongside a robust services sector and political stability. New targets set GBP/USD at 1.35 and EUR/GBP at 0.82 over the next 12 months, reflecting a favorable outlook for sterling.
Director Kevin R. Johnson acquired 2,400 shares of The Goldman Sachs Group at $619.02 each, totaling $1,485,648, while insiders sold 19,925 shares valued at $12.6 million. Institutional investors hold 71.21% of the stock, with recent analyst ratings reflecting a consensus "Hold" and a price target of $591.93. The company reported strong earnings, exceeding estimates with $11.95 EPS and $13.87 billion in revenue for the last quarter.
Goldman Sachs has acquired shares of Samvardhana Motherson International for Rs 87 crore. This investment reflects the financial institution's continued interest in the automotive components sector. The transaction underscores the strategic moves being made in the market.
As April 2 approaches, uncertainty looms over potential tariffs, with reports suggesting a two-step approach from Trump involving emergency powers and Section 338 tariffs, particularly affecting autos. Goldman Sachs warns that initial tariffs could be set high for negotiation leverage, predicting a 9% reciprocal tariff rate in April, but anticipates the actual rate could be double that, potentially leading to negative market surprises.
Global fund managers are increasingly cautious, with a significant drop in growth expectations and U.S. equity allocation due to tariff threats and economic uncertainty, as indicated by Bank of America's March survey. In contrast, retail investors have poured nearly $70 billion into U.S. stocks this year, driven by a "buy the dip" mentality, despite market volatility. While fund managers fear a trade war-induced recession, individual investors remain optimistic, viewing current market conditions as a buying opportunity.
Insurers are optimistic about private credit, with 61% of executives predicting it will yield the highest total returns over the next year, according to a Goldman Sachs Asset Management survey. While 58% plan to increase allocations to this asset class, UK insurers show more caution, with only 46% expecting strong returns, ranking it behind private equity and US equities. Concerns about inflation are more pronounced among UK respondents, with 52% citing it as a major risk, compared to 32% globally.
Hedge fund Citadel has strengthened its treasury quant team by hiring Tushar Singla from Goldman Sachs to lead its international operations in London. Singla, who spent nine years at Goldman, joins Mukunth Raghavan, his US counterpart, who was appointed last September. Both strategists are recognized for their strong communication and quantitative skills, reflecting Citadel's emphasis on these attributes, inspired by Goldman Sachs.
Goldman Sachs Group, Inc. has led a $55 million funding round for Navina, highlighting its focus on investment services. The firm's revenue is primarily generated from investment banking (64.9%), followed by asset and wealth management (30%) and financial services (5.1%). Geographically, revenues are concentrated in the Americas (63.4%), with significant contributions from Europe/Middle East/Africa (25.4%) and Asia (11.2%).
Goldman Sachs Asset Management anticipates a significant shift among insurers towards private markets, particularly private credit, as interest rates decline and inflation cools. A recent survey reveals that 58% of insurers plan to boost their private market allocations, with private credit expected to outperform other asset classes in 2025. Despite recent market volatility and trade tariff concerns, insurers remain confident in the U.S. economy's resilience and are not making immediate changes to their asset allocation strategies.
The Goldman Sachs Group, Inc.
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Trump's upcoming tariffs may exceed market expectations warns Goldman Sachs economist
16:40 25.03.2025
Goldman Sachs raises GBP forecasts amid UK economic resilience and stability
16:31 25.03.2025
goldman sachs director purchases shares as institutional investors adjust holdings
16:15 25.03.2025
Goldman Sachs acquires shares in Samvardhana Motherson for 87 crore rupees
15:51 25.03.2025
goldman sachs warns of potential tariff surprises amid trade negotiations
14:47 25.03.2025
fund managers retreat as retail investors pour billions into us stocks
United States Dollar
Bank of America Corporation
Spotify Technology S.A.
The Goldman Sachs Group, Inc.
Netflix, Inc.
USA
Donald Trump
Steve Sosnick
Jim Paulsen
Warren Buffett
Michael Hartnett
Show more
14:21 25.03.2025
insurers increase private credit allocations amid evolving macroeconomic concerns
14:05 25.03.2025
citadel strengthens treasury team with goldman sachs strategist hire
13:35 25.03.2025
goldman sachs leads 55 million funding round for navina
13:06 25.03.2025
insurers shift focus to private markets as interest rates decline
12:01 25.03.2025
Trending
Subcategory
Corporate News
Startups & Entrepreneurship
Industry Trends
Global Trade Developments
Stock Market Updates
Industry Mergers & Acquisitions
Private Equity Deals
Government Economic Policies
Supply Chain Management
Fintech Startups
Venture Capital Investments
Retail and Consumer Goods
Inflation and Monetary Impact
Workplace Trends
Energy Sector Developments
Finance Mergers & Acquisitions
Central Bank Actions
CEO Changes
Emerging Startups
Crypto Policies and Governance
Countries:
Companies:
Apple Inc.
NIO Inc.
Nikkei 225
Google Inc.
Nintendo Co., Ltd.
Grab2Go AS
OLA ELECTRIC MOBILITY LTD
Eurasia Groupe SA
British International Investment plc
XPeng Inc.
Li Auto Inc.
Morgan Stanley
Taiwan Semiconductor Manufacturing Company Limited
VFS Global AG
LARGAN Precision Co.,Ltd
S&P/ASX 200
HANG SENG BANK
Delhivery Limited
Ecom Express Ltd.
Arazul Sequoia Capital FIM C Priv
Currencies:
United States Dollar
Indian Rupee
Euro
Chinese Yuan
Japanese Yen
United Arab Emirates Dirham
New Taiwan Dollar
Indonesian Rupiah
Saudi Riyal
Offshore Chinese Yuan
Hong Kong Dollar
Malaysian Ringgit
Filipino Peso
West African CFA Franc
South Korean Won
Thai Baht
Mexican Peso
Croatian Kuna
Bahraini Dinar
Egyptian Pound
People: