ilmscore | Goldman Sachs Warns: Tariffs Will Get Worse

Goldman Sachs Warns: Tariffs Will Get Worse

Predictions from this Video

Total: 10
Correct: 0
Incorrect: 0
Pending: 10
Unrated: 0
Prediction
Topic
Status
By the fall of 2025, consumers are estimated to bear approximately two-thirds of the costs associated with tariffs.
"if the most recent tariffs, like the April tariff, follow the same pattern that we've seen to those in February, then eventually by the fall, we estimate that consumers will bear about 2/3 of the tariff costs"
Tariff Impact on Consumers
Pending
US-based companies that are protected from foreign competition due to tariffs will have the opportunity to increase their prices.
"If you're a company producing in the United States who is now protected from foreign competition, you can raise your prices and benefit."
Tariff Impact on Domestic Businesses
Pending
The inflation resulting from tariffs is predicted to be short-term and transitory, lasting only until an adjustment period.
"this price impact because of tariffs, this inflation because of tariffs is going to be short-term. So they're saying it's going to be a transitory inflation just once we get adjusted to tariffs."
Inflation from Tariffs
Pending
The Federal Reserve Bank's decisions will not be influenced by the tariffs.
"these tariffs are not going to influence what the Federal Reserve Bank does."
Federal Reserve Interest Rate Policy
Pending
The Federal Reserve Bank is prioritizing concerns about the job market and the broader economy over inflation caused by price hikes.
"the Federal Reserve Bank has other problems such as the job market. So, they're not going to be concerned about the price hikes. So, they're not concerned about inflation. They're more concerned about the economy."
Federal Reserve Interest Rate Policy
Pending
Goldman Sachs suggests the Federal Reserve Bank may cut interest rates to stimulate the economy due to weak job market numbers.
"Goldman S is kind of hinting that maybe the Federal Reserve Bank is going to say, you know what, let's start cutting interest rates to stimulate the economy because of these bad job market numbers."
Federal Reserve Interest Rate Policy
Pending
Lower interest rates are expected to boost spending and borrowing, benefiting the economy, but may also exacerbate inflation.
"lower interest rates encourage people to spend more. It encourages people to go out and borrow more, which can be good for the economy, but lower interest rates can also make the inflation problem worse."
Economic Impact of Lower Interest Rates
Pending
Savings that do not grow at a rate sufficient to match inflation will effectively decrease in value, making individuals poorer.
"if your savings don't grow fast enough to keep up with inflation, well, now your savings are essentially making you poorer because even though your savings might be going up, the value of your savings are going down."
Inflation Impact on Savings
Pending
A recession and a market crash are anticipated, though the timing remains uncertain.
"We know that a recession is coming. We know that a market crash is coming. We just don't know when."
Recession and Market Crash
Pending
The US is entering a 'debt death spiral' with nearly a trillion dollars annually going towards interest payments on its debt.
"America's entering a debt death spiral. When debts rise relative to incomes on a chronic basis, right now for the US government, it's almost a trillion dollars a year that goes to interest payments."
US Government Debt
Pending