by / on 05/02/2019 at 15:00 / in The Review

Learning from a Century of US Recessions by Goldman Sachs

The realities of growth deceleration, higher rates, and significantly tighter financial conditions have markets on heightened recession watch. But recession risks look modest according to GS Research economists Jan Hatzius and David Mericle, whose study of 100 years of US recessions suggests the prospects for a “soft landing” are better than widely thought. Jan, your read on recession risk remains more positive than markets. […]

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