Goldman Sachs hikes probability of US recession to 35% amid Trump tariff jitters
Goldman Sachs bumping the recession risk up to 35% is pretty alarming—and honestly, it feels like a sign of what’s coming. Trump’s talk of 15% tariffs on all trading partners could throw the global economy into chaos. We’re talking higher prices, disrupted supply chains, and strained international relationships. On top of that, inflation is expected to hit 3.5% by the end of 2025, which means everyday stuff is going to get even more expensive. And with GDP growth now expected to slow to just 1%, it really feels like the economy is losing steam. If things keep heading in this direction, a recession isn’t just possible—it’s likely.
https://www.investing.com/news/economy-news/goldman-sachs-hikes-probability-of-us-recession-to-35-amid-trump-tariff-jitters-3956253