Recession? via The Finance Professor

The following is from The Finance Professor:

Bloomberg is reporting that Goldman Sachs lowered its S&P500 year end target from 5100 to 4700. In general, Goldman is the best forecaster on the street and should be over-weighted versus other pundits. Goldman also is estimating a 35% risk of a recession, with a downside target of 3600 on the S&P in the reces…