While banks including Goldman Sachs and Bank of America raised their S&P 500 year-end targets on Tuesday, Bannister is doubling down on his bearish view and calling for a 12% corr

Wall Street ended mixed a day after a broad sell-off in response to the Trump administration setting new tariffs on more than a dozen nations.

Goldman Sachs noted that while the Trump administration’s shifting trade stance has created “large uncertainty,” the market outlook remains buoyed by the strength of top-performing megacap stocks, optimism about Fed rate cuts,