Goldman Cuts US Recession Odds to 15% as Oil Retreats, but Warns of Hawkish Fed and Stretched AI Valuations

Goldman Sachs has lowered its 12-month US recession probability to the long-term norm of 15 percent following a US-Iran agreement that pulled energy prices off their wartime highs, even as a more hawkish Federal Reserve and richly valued artificial intelligence stocks keep two-sided risks firmly in play. The de-escalation in the Middle East has reshaped […]