Goldman Sachs Lowered the Probability of US Economic Recession to 20%
Publication Time:2024-08-19 12:56:05
Recently, the global financial giant Goldman Sachs released a new report, adjusting its assessment of the probability of a potential recession in the US economy. In this adjustment, Goldman Sachs lowered this probability from the previous 25% to 20%. This move reflects that, despite facing various internal and external challenges, Goldman Sachs believes that the US economy possesses certain resilience and recovery capabilities. The analysts at the institution emphasized factors such as the strong performance of the US labor market, relatively stable consumer confidence, and the continued growth of corporate investment, as the basis for their prediction. This news received a positive response from the market, with some investors interpreting it as a positive signal for the global economic recovery outlook.
probability forecast
US Economy
Goldman Sachs
economic recession