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

June 30, 20263 Mins read371
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Katelyn Perry For Unsplash+
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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 […]

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