Goldman Sachs Trims US Recession Probability to 30%

Former Dallas Fed President Kaplan: Probability of a recession is going down

Robert Kaplan, Goldman Sachs vice chairman and former Dallas Fed president, joins ‘Squawk Box’ to discuss how markets are reacting to the ongoing Israel-Iran conflict, his expectations for Fed rate cuts, the probability of a recession, and more.

Goldman Trims 12-Month US Recession Probability to 30%

Goldman Trims 12-Month US Recession Probability to 30%

Goldman Sachs trims its 12-month U.S. recession probability to 30% (SP500:S&P Complete Indices)

ICYMI: Goldman Sachs lowered its estimate of a US recession in the next 12 months to 30%

Down from 35%

Goldman Sachs Trims US Recession Probability to 30%

U.S. recession scorecard: Slow going

Fast forward to today, and only one green indicator remains—the free cash flows generated by non-financial businesses. The rest are evenly split between cautionary yellow and recessionary red. There has been one minor improvement this month: The unemployment rate has been moved to yellow from red. But on the whole, the biggest change over the past several months has been the growing uncertainty around trade policy which could lead trends that ap…