SG Says US Recession Is Imminent
Société Générale's Albert Edwards warns a US recession is imminent, citing Moody’s 48% recession probability, rising unemployment, and labor market weakness despite record stock highs.
Donald Trump criticized Goldman Sachs for its tariff-inflation warnings, claiming tariffs benefit the U.S. economy without fueling inflation, and suggested CEO David Solomon hire a new economist.
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Trump Says 'No Tariff-Driven Inflation—Goldman Sachs Should Hire a New Economist'
Donald Trump criticized Goldman Sachs for its tariff-inflation warnings, claiming tariffs benefit the U.S. economy without fueling inflation, and suggested CEO David Solomon hire a new economist.
Goldman Sachs Expects Marked Slowdown in US Economy—Recession Probability at 30%
Goldman Sachs projects a marked slowdown in the US economy, citing Trump's tariffs as a key driver of inflation and weaker consumer spending, with recession risk rising to 30%.
Goldman Sachs Raises Recession Probability to 35% from 20% Within a Year
Goldman Sachs raises recession probability to 35% within a year, citing global trade tensions and economic pressures
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