🚨📢 Goldman Sachs: Recession Warning 🚨
Goldman Sachs is sounding the alarm, increasing the odds of a US recession next year from 15% to 25%! But, they're also saying "don't panic just yet."
They believe the economy is still in good shape, and the Fed has some tricks up its sleeve to prevent a full-blown recession. Expect some interest rate cuts, but not as drastic as others are forecasting. Plus, they're skeptical that the labor market is going to tank anytime soon.
So, it's a mixed bag - cautious but not catastrophic. Fingers crossed! 🤞
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