Economy

“Why Goldman Sachs now sees a 45% chance of a recession and the Fed coming to the rescue”

“…The investment bank’s economists, led by Jan Hatzius, now see a 45% chance of a US recession in the next twelve months, up from 35% last week. Prior to that call, Goldman had been at a 20% recession probability risk…”

https://finance.yahoo.com/news/why-goldman-sachs-now-sees-a-45-chance-of-a-recession-and-the-fed-coming-to-the-rescue-122212135.html

Let me be clear. It is very possible we enter a recession. Even if we do it will still be worth it because the trade off is bringing back domestic production (jobs), and supply chains.

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