#TrumpTariffs The investment bank Goldman Sachs, one of the most influential in the world, has revised its projections again and now believes there is a 45% chance of recession in the U.S.
The increase in this percentage in such a short time is concerning, as Goldman typically has analysis with significant weight in global financial markets.
WHAT IS RECESSION?
Recession is when an economy contracts for two consecutive quarters, meaning it shrinks instead of growing.
This means less consumption, less production, rising unemployment, and falling profits for companies.
For the market, it is a maximum warning sign, as it directly impacts investments, interest rates, and country risk.
These are the main updates this morning; obviously, I only brought a summary to try to explain a few points. Make sure to follow reliable news sources outside the community.
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