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Goldman Sachs Group strategists have indicated that the U.S. stock market is unlikely to experience a 20% or greater decline, as the risk of a recession remains low. This outlook is supported by the expectation of upcoming rate cuts from the Federal Reserve. The strategists emphasized that fears of a bear market are unwarranted given the current economic indicators. U.S. recession odds remain low, according to Goldman Sachs.
4 positives to focus on as recession fears grip the market, Deutsche Bank says https://t.co/vBoRzuEPA6
U.S. Recession Odds Remain Low. Don’t Worry About a Bear Market, Goldman Sachs Says. https://t.co/1OCZlqwgBT
🔸GOLDMAN SACHS STRATEGISTS SAY THE U.S. STOCK MARKET IS UNLIKELY TO FALL INTO A BEAR MARKET Goldman Sachs Group Strategists Pointed Out That The U.S. Stock Market Is Unlikely To Fall By 20% Or More, And The Risk Of A Recession Remains Low Given The Expectation Of The Federal…