Washington Examiner
SVB collapse: Goldman Sachs raises US recession odds following dip in bank stocks
Goldman Sachs rThe odds of a were increased recession In the United States, it rose to 35%, a 10 percent increase from its previous prediction in the wake of Silicon Valley BankLarge U.S. Banks experience a collapse and dips in stock futures.
The bank released its latest recession estimates on Thursday. “reflecting increased near-term uncertainty around the economic effects of small bank stress.”
This story is currently in progress and will be updated.
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