Goldman Sachs lifts US recession probability to 30%, up 5 percentage points, via WSJ

Goldman Sachs has raised its estimate of the US recession probability to 30%, indicating heightened concerns about economic stability. This upward revision by a major financial institution suggests a more cautious outlook, which could influence market sentiment and asset allocation strategies across equities and fixed income. Traders should monitor for potential shifts in economic policy responses as this could impact interest rates and market volatility.