Goldman Cuts Recession Odds To 10% From 25%, Despite Expecting Big Slowdown In Payroll Gains

Goldman cut its 12-month US recession risk estimate further from 25% to the long-term norm of 15%. (and below the 20% estimate on the eve of the war). And while GS sees stronger macro supporting equities, AI valuations are becoming harder to justify after recent rally.

Raccontata dazerohedge.com