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Thread: Economy is nearly recession-proof?

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    Default Economy is nearly recession-proof?

    Don’t look now, but Goldman Sachs is saying the economy is nearly recession-proof

    The U.S. economy is “structurally less recession-prone today,” Goldman Sachs economists said.

    That calls comes just months after Wall Street feared that an inverted yield curve was signaling an imminent recession.

    Goldman cites five factors that pose a reduced threat to the “Great Moderation” that began more than 30 years ago and was interrupted only by the financial crisis.

    https://www.cnbc.com/2019/12/31/gold...ion-proof.html


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  3. #2

    Default Re: Economy is nearly recession-proof?

    Quote Originally Posted by tsptalk View Post
    Don’t look now, but Goldman Sachs is saying the economy is nearly recession-proof




    https://www.cnbc.com/2019/12/31/gold...ion-proof.html
    Might be an early indicator of an upcoming market correction.
    God bless the United States of America!

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