Goldman Sachs has issued a stark warning that a recession could be on the horizon amid rising tariffs and global trade tensions.
Category
🗞
NewsTranscript
00:00Goldman Sachs now puts the probability of a recession at 35% and has issued a stark
00:05warning amid rising tariffs and global trade tensions.
00:09The bank's analysis suggests these economic pressures, combined with supply chain disruptions,
00:14may significantly slow growth.
00:17Financial markets around the world have reacted poorly, with stocks selling off late last
00:20week and again on Monday morning.
00:23Investors are bracing for volatility ahead of new tariffs mid-week from the White House
00:27and jobs data for the month of March set for release Friday morning.