This latest updated forecast from Goldman Sachs comes via Reuters:
now sees a 25% probability of the United States entering a recession in the next 12 months (previously GS were at 35%)
- GS cite:
Continued strength in the labor market - and early signs of improvement in the business survey
for their assessment that
- the risk of a near-term slump has diminished notably
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The jobs report was a stunner, Reuters add that the unemployment rate hit a 53 year low
