US Banking Giant Issues Alert To Investors, Says Ominous ‘Warning Signal’ Now Flashing: Report

US banking giant Goldman Sachs has issued a warning signal to investors, signaling a potential market correction on the horizon. In a note to clients, Goldman Sachs strategists highlighted several factors that suggest a downturn in the market. These factors include declining real income growth, a slowdown in GDP growth, and weakening consumer sentiment. The strategists also pointed out that stocks may be overbought, with the S&P 500 outperforming other markets. Additionally, they mentioned the rising concentration in equities, with the ten largest companies carrying the most weight since 1929, as a negative factor. The upcoming election cycle in the US and Europe was also cited as a possible negative catalyst. While the data does not indicate an imminent long-term bear market, Goldman Sachs warns that a correction, higher volatility, and lower returns are now more likely.