GOLDMAN SACHS RAISES ODDS OF A US RECESSION IN THE NEXT 12 MONTHS BY 10% TO 35%

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Economists at Goldman Sachs raised their probability of the US economy entering a recession in the next 12 months by 10 percentage points from 25% to 35%, the latest client note showed.


The US banking giant’s recession forecast reflects increased near-term uncertainty around the economic effects of the small bank stress.

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