Goldman Sachs Raises US Recession Risk to 25%
Submitted by Anonymous (not verified) on Mon, 08/05/2024 - 22:30
Global investment bank Goldman Sachs has increased the likelihood of a U.S. recession within the next year to 25% from the previous 15%, although they maintain that the risk remains limited. Despite the recent rise in unemployment to its highest in nearly three years and a significant slowdown in hiring, Goldman economists, led by Jan […]