Goldman CEO: A 'Very Reasonable Possibility' The Economy Enters Recession Next Year
Goldman Sachs CEO David Solomon expects stock market's slide to continue in 2023 and thinks odds of recession hitting US economy are about 2 of 3.
Goldman Sachs CEO David Solomon expects stock market's slide to continue in 2023 and thinks odds of recession hitting US economy are about 2 of 3.
Professional investors are loading up on bets that an economic recession can be avoided despite all the warnings to the contrary.
US dollar has erased more than half of this year’s gains amid growing expectations the Federal Reserve will temper its aggressive rate hikes.
The richest man in the world runs five companies. And he never hesitates to let the world know what he thinks.
Global bonds joined US peers signaling recession, with a gauge measuring worldwide yield curve inverting for first time in at least two decades.
Fed averts economic contraction in its fight against inflation. US benchmark bond yield will trade at 4% or higher through at least the end of 2024.
The bear market will end early next year and create a ‘terrific buying opportunity,’ Morgan Stanley’s Mike Wilson says.