Goldman Sachs Raises Odds Of US Recession To 45%

Leon Cooperman says market bottom is not in as Trump has decided a recession is best way lower rates

"It's very clear to me the president has decided the best way to get inflation, interest rates down is to take a recession," the investor said Monday.

Goldman Sachs raises the probability of recession in the US from 35% to 45% if tariffs go ahead Berlin believes Musk’s criticism of tariffs is “a sign of weakness”

Goldman Sachs raises odds of U.S. recession to 45%, second hike in a week

Investment banks continue to increase levels of concern over escalating trade war

Goldman Sachs expects a recession if tariffs take effect on Wednesday

Goldman Sachs has already raised its recession probability from 35% to 45%.Chip Somodevilla/Getty ImagesGoldman Sachs is warning of a recession if President Donald Trump's tariffs take effect Wednesday.The tariffs, ranging from 10% to 50%, have faced widespread criticism for potential global harm.Goldman has raised its recession probability from 35% to 45% even before the tariffs come into force.If President Donald Trump's sweeping global tariff…

The SMI and the DAX recorded high losses at the beginning of the week. Bank Goldman Sachs maintains a recession in the United States as ever more likely, but the US head of state is unimpressed – and adheres to tariffs.

Goldman Sachs Says Tariffs Will Trigger Recession

Goldman Sachs said that if President Trump’s next set of tariffs do take effect on Wednesday as planned, “we expect to change our forecast to a recession.”