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    Goldman Sachs Lowers US Recession Risk to 20%

    Goldman Sachs Lowers US Recession Risk to 20%

    Goldman Sachs economists have lowered the likelihood of a U.S. recession within the next year from 25% to 20%, citing recent data on retail sales and jobless claims. If the upcoming August jobs report, scheduled for release on September 6, shows favorable results, the...
    UBS Urges Caution Despite Positive US Economic Data

    UBS Urges Caution Despite Positive US Economic Data

    UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales, eased concerns about a potential recession. Despite the encouraging consumer resilience, UBS cautioned that the risk of a significant economic...
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