Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data

"Continued expansion would make the US look more similar to other G10 economies, where the Sahm rule has held less than 70% of the time," economists said.

Aug 19, 2024 - 16:00
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Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data
"Continued expansion would make the US look more similar to other G10 economies, where the Sahm rule has held less than 70% of the time," economists said.