Goldman Sachs(US:GS) Ge Long Hui A P P·2026-02-25 11:08Core Viewpoint - Goldman Sachs believes that the biggest risk currently facing the U.S. economy may actually be a stock market correction [1] Group 1: Economic Outlook - Goldman Sachs economist Pierfrancesco Mei holds an optimistic view on the U.S. economy for 2026, predicting a 2.5% year-on-year GDP growth in the fourth quarter [1] - The positive outlook is attributed to a favorable combination of fiscal stimulus, loose monetary policy, and easing trade tensions [1] Group 2: Impact of Stock Market Correction - Mei expresses concern that a significant drop in stock prices could dampen economic expansion [1] - A 10% correction in the U.S. stock market in the first half of the year could reduce the GDP forecast by 0.5 percentage points, bringing it down to 2.0% [1] - A more severe 20% decline in the stock market could lead to a nearly 1 percentage point decrease in GDP compared to the baseline forecast [1]