Goldman Sachs Issues Stock Market Warning

U.S. investors are significantly underestimating the risk of a recession, potentially increasing the impact of a recession next year, economists at Goldman Sachs warned in a Monday research note, according to Bloomberg.

Researchers at Goldman estimate a 39 percent chance of a slowdown in U.S. growth, but risk assets only account for an 11 percent chance, Bloomberg reported. By underestimating the chance of a recession, investors are increasing their exposure to the effects of “recession scares” in 2023, the analysts warned.

Read More

Recession Worries Rising Among Economists

Recession worries are rising among economists as inflation continues at high levels.

A top Moody’s economist has predicted a recession could hit within the next two years, but others are saying it could happen sooner.

Read More