Goldman also has a few other scenarios including a dovish one of SPX 4,700 if it is not as bad as thought and one in the middle at 3,600 with a rally to 4,000. One will notice they will point to the one that suits their position depending on where we are from a price perspective. They did this just recently when buying the reversal off the lows and stated at that time that "it was likely a recession would be avoided". So now that stocks found short term resistance at the 200 day, they are on the supply/bearish tour so to speak and talking on that end of their forecast. 

Goldman is simply running a business like everyone else. I think most know this by now though it is worth having reminders of how things work and why they are being done in order to better prepare and plan accordingly for me (perspective, context). It helps me mentally when things go to particular areas in knowing the risk/reward is shifting and how to use that information. Similar to how indicators, other tools, news, and charts are considered. I find it particularly helpful and encouraging to see how they are essentially navigating trading and investing just as I am. 

Every year I set a low and high end for the market (SPX) for operating my trading and investing strategies. Before the recent movements, I was at 3,500 on the low side and 4,500 on the high side for my plan. There was another scenario where we could have overshot my low end and one that overshot my high end, though they would have been really extreme and even better opportunities to position. These figures can/will change over time given new information presented and how the market reacts to it. Gaps in the cash market prices also help me out a ton in managing risk. Once I view it this way, it becomes a lot less scary to operate in the day to day. So when the big stories come out of celebration be them bullish or bearish, I can take a more relaxed approach in that this is part of the game, and see how I'm going to respond or make changes if warranted for whatever my timeframe, tolerance, and goals are accordingly. 

I keep it simple, for the trading strategy, I use two instruments to execute it. One long and one short. 

For my investing strategy, I use a handful of instruments maximum, stock indexes, sectors, bonds, and cash. 

In any case, it is simply a matter of how much capital I'm willing to have in any of those areas given the risk/reward proposition. That's it. Another day I wake up grateful and have a shot at life. Best of success to all this week personally and professionally. 

(this is an excerpt from my trading/investing journal 12/12/22)-FV