Wednesday, 20 April 2022 19:45

Goldman Sachs Flashing Recession Warning

Written by
Rate this item
(0 votes)

Goldman raised the odds of a recession to over one-third in the next two years. The tightening cycle and rate hikes are causing waves in markets and the Fed could bump the Federal Funds Rate eight times this year. Overall economic health in the G10 helps mitigate the possibility of a recession, but it's still a possibility. Experts are saying that the Fed has a narrow path for a soft landing if they want inflation to come down to 2% and keep unemployment from rising. There are signs that the economy is beginning to weaken as consumer confidence is wavering. Still, the stock market doesn’t seem to pricing in a recession, however, the experts on Wallstreet and financial services are beginning to prepare.


Finsum: Look to the yield curve for recession predictions its the best sign and its beginning to warn investors.

Contact Us

Newsletter

Subscribe

Subscribe to our daily newsletter

Top