Goldman Sachs recession
1 day agoWASHINGTON May 15 Reuters - Former Goldman Sachs GSN CEO Lloyd Blankfein said on Sunday he believes the economy is at risk of possibly going into a recession as the US. Gross domestic product to expand 24 this year down from 26. Goldman Sees No Growth And No Inflation But Technically No Recession Recess Pragmatics Capitalism Is racing toward an economic recession. . US consumer sentiment had declined in early May to the lowest level since 2011 while the consumer prices spiked 83 per cent in April from a year ago which is among the fastest in decades. Blankfein was the head of the investment banking firm Goldman Sachs. Growth outlook for 2022 and 2023 to 24 and 16 down from 26 and 22 respectively. When asked during a CBS News interview Sunday former CEO Lloyd Blankfein said Americans should brace for a dim economic future. Brian Sozzi anchor and editor. The SP 500 has gotten crushed in a widespread sell-off this mon...