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Goldman Cuts US Recession Odds To 25%
Goldman was already on the low end of the range when it comes to recession odds for the US economy in 2023.
The bank saw just a 35% subjective probability of a downturn over the next 12 months compared to the 65% median of professional forecasters.
Goldman's more optimistic projection relied, in part anyway, on assumptions about a resilient consumer given the likelihood of higher disposable income as inflation wanes. In addition, the bank has repeatedly suggested that market participants are m
