Goldman Sachs Raises Recession Odds to 30%
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Goldman Sachs raises U.S. recession odds to 30% in 2026, citing rising oil prices, slowing growth, and weakening labor markets. Economists warn of underpriced risks from prolonged conflict, with JPMorgan at 35% and Moodys Analytics nearing 50%. Goldman forecasts growth cooling to 1.25-1.75% in the second half of next year, with unemployment rising to 4.6% and hiring stalling.
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