It’s been tough for Wall Street strategists to hold their nerve in the face of the ever-changing tariff policy.

Wall Street investment bank Goldman Sachs (GS) is planning to cut up to 5% of its global workforce with a focus on its vice presidents.Discover

Market uncertainty pushed down the S&P 500 gauge by more than 9% from its record in mid-February, while the tech-heavy Nasdaq 100 recently tumbled into correction. Goldman Sachs strategists slashed their target for the U.