Goldman Sachs lowers the probability of a U.S. recession, and market bets on a "soft landing" scenario heat up

robot
Abstract generation in progress

ME News Report, May 11 (UTC+8), as U.S. economic data continues to be strong, corporate earnings remain solid, and the AI capital expenditure boom persists, market concerns about a U.S. recession are rapidly cooling down. Forecast market data shows that the probability of the U.S. entering a recession this year has dropped to 19%. Meanwhile, Goldman Sachs has also lowered its forecast for the U.S. recession probability to 25% and delayed expectations for the Federal Reserve to cut interest rates. The market generally believes that the U.S. economy is more likely to experience a “soft landing” with a slowdown but no recession. Driven by this, the S&P 500 continues to hit new all-time highs, Wall Street’s risk appetite further rebounds, and AI, technology, and growth sectors continue to be the core focus of capital. (Source: BlockBeats)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin