Bitcoin, S&P 500 Take Backseat to Stagflation Trade as Trump Tariffs Threaten to Derail Growth
Portfolio Pulse from
Goldman's stagflation basket has surged nearly 20% this year, outperforming bitcoin, U.S. stocks, and gold, as Trump's tariffs threaten economic growth.
March 18, 2025 | 11:30 am
News sentiment analysis
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NEGATIVE IMPACT
The S&P 500, represented by SPY, is underperforming compared to Goldman's stagflation basket due to concerns over Trump's tariffs affecting economic growth.
The S&P 500 is mentioned as underperforming compared to the stagflation basket, indicating potential negative sentiment due to economic concerns from tariffs.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80