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
 0  9
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.