The bank crisis has raised the odds of a recession in the next year to 35%, according to Goldman Sachs

The bank crisis has raised the odds of a recession in the next year to 35%, according to Goldman Sachs

Upworthy

Published

Silicon Valley Bank was shut down by regulators on Friday. Getty Images Goldman Sachs raised its recession odds from 25% to 35% on Thursday. The Wall Street firm's new outlook stems from "increased near-term uncertainty," the strategists said. The bank turmoil with Silicon Valley Bank, Credit…

#siliconvalleybank #goldmansachs #goldman #janhatzius #silvergatebank #signaturebank #washingtonmutual #federalreserve #cme #fedwatchtool

Full Article