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Ben 🎭⚡🎩
@beneto
US banking giant Goldman Sachs cut its forecast for a recession to 15% from 20% after strong employment data was released in September. Goldman Sachs chief economist Jan Hatzius said the data reset the labor market narrative and eased concerns about weakening job demand. The bank expects the Federal Reserve to cut interest rates by 25 basis points in November. However, some analysts such as Henrik Zeberg and Robert Kiyosaki still warn against the possibility of a market crash. These developments show that despite the improvement of economic indicators, there are still uncertainties about the future of the economy.
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Mobin 🎩
@mubin
That was great analysis 143 $degen
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