BRICS: Goldman Sachs Predicts Major US Market Correction

The US dollar started 2025 connected the beforehand ft and outperformed the section currencies of BRICS countries. The DXY index, which tracks the show of the US dollar, shows the currency inching towards the 110 mark. The steep emergence is adding unit connected section currencies, which person fallen to caller yearly lows. As the US dollar outpaces BRICS’ section currencies, starring concern slope Goldman Sachs has warned that a large short-term correction for the banal marketplace is connected the cards.

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BRICS: Prepare For a US Market Correction, Says Goldman Sachs

Source: Reuters / Brendan McDermid

Global concern slope Goldman Sachs predicts the US marketplace should brace for a large downturn successful 2025. The forecast from Goldman Sachs comes astatine a clip erstwhile BRICS is looking to propulsion the de-dollarization docket worldwide. “While we expect equity markets to marque further advancement implicit the twelvemonth arsenic a full — mostly driven by net — they are progressively susceptible to a correction driven either by further rises successful enslaved yields and/or disappointments connected maturation successful economical information oregon earnings,” work the report.

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“While we stay broadly affirmative connected equities, the risks of near-term disappointment are rising,” wrote Peter Oppenheimer, Goldman Sachs Chief Global Equity Strategist, if the US markets fall, it could let the economies of BRICS countries to surge ahead. BRICS members China, India, and Russia are looking to overtake the US and marque their GDP stronger.

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According to Goldman Sachs, the US banal marketplace could dip arsenic enslaved yields, economical data, and net could propulsion equities down. However, the concern slope is assured that the semipermanent prospects of the US banal marketplace stay positive. The equities marketplace is primed for short-term correction and the slope advised investors to support downside protection. BRICS countries could payment if the US markets spiral retired of power successful 2025, and Goldman Sachs predictions crook accurate.