Former Goldman Sachs co-chair sends strong message on economy
The former co-chair of one the biggest investment banks offered a blunt take on what's next.
Economists and market watchers are sounding the dread on recession possibility. The cause? Sticky inflation and tumbling consumer self belief.
In January, inflation used to be 3% up from one Twelve months previously, an acceleration from 2.4% in September. Meanwhile, the Convention Board's User Self belief Look showed the steepest decline since 2021.
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