Goldman Sachs sees a 20% chance of a US recession in next 12 months

Goldman Sachs sees a 20% chance of a US recession in next 12 months

Goldman Sachs sees a 20% chance of a US recession in next 12 months The recent data have reinforced our confidence that bringing inflation down to an acceptable level will not require a recession, We do expect some deceleration in the next couple of quarters, mostly because of sequentially slower real disposable personal income growth—especially when adjusted for the resumption of student debt payments in October—and a drag from reduced bank lending," "But the easing in financial conditions, the rebound in the housing market, and the ongoing boom in factory building all suggest that the US economy will continue to grow, albeit at a below-trend pace." If you don't want to receive these emails in the future, please click here 14125 West State Highway 29 Suite B-203 (Box 372) Liberty Hill, Texas 78642