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S&P 500 & Equities·Bloomberg Markets· 1h ago

★Goldman Sachs Raises Oil Forecasts on Largest-Ever Supply Shock

Strategic Analysis // Ian Gross

"Goldman Sachs' upgraded oil forecast signals a major threat to global economic stability. Sustained higher crude prices will fuel inflation, squeeze consumer spending, and pressure corporate profits, impacting nearly every sector and investment portfolio. This isn't just about oil; it's about the cost of everything."

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The Big Market Report Take

Goldman's calling this Hormuz situation the "largest-ever supply shock" and hiking 2026 oil forecasts. Seems they're betting on a long, bumpy ride for crude, which isn't exactly a shock to anyone watching the headlines. Looks like those gas prices aren't going anywhere fast.

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