Subject: goldmansachs reduces recession odds to 35% risk
having learned their lesson from same-day retraction of a prior report that was too near to a tariff deadline, gs states
"we are raising our 2025 growth forecast by 0.5pp to 1% Q4/Q4 and reducing our 12-month recession odds to 35%"
ok, i know they have to put out something for the big salaries, but this still assumes nothing changes until the next tariff deadline. which has been a bad assumption every time.