A person walks down Wall Street on April 02, 2020 in New York City.

Spencer Platt | Getty Images

(This story is for CNBC Pro subscribers only.)

The stock market has rebounded swiftly from its coronavirus low in March as investors bet on a reopening of the economy. However, Goldman Sachs warned sentiment will turn sour again soon as reality sets in.

A number of red flags in the market caused the bank to stick to its bearish view in the near-term, seeing the S&P 500 dropping nearly 20% in three months. Goldman broke down six reasons for a likely pullback. 

Read More