Goldman's recent forecast calls for basically no gains on the S&P 500 over the next 12 months. That's got some investors spooked and looking for the exits.
- Goldman Sachs Calls for a "Flat" S&P 500
- Bank Earnings 2015: Five Headwinds to Watch for in Q4 Reports
The U.S. financial sector is in the spotlight this week when the nation's five biggest banks report Q4 earnings.
Profit expectations for financial firms have fallen overall since Q4's start. At present, analysts project a 1.7% slump in sector earnings for the October-December period. That's well below the 8% growth rate forecast at the end of September.