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There's a 35% chance of US recession: Goldman Sachs
short by Pragya Swastik / on 31 Mar 2025,Monday
Goldman Sachs has raised its probability of a US recession to 35% compared to its previous estimate of 20%. "We continue to believe the risk from US President Donald Trump's tariffs is greater than many market participants previously assumed," Goldman said. There's a 40% chance of a US recession this year, JPMorgan's chief economist Bruce Kasman said earlier this month.
short by Pragya Swastik / 02:22 pm on 31 Mar
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