Recession Odds Hit 35% Because Of Tariffs, Goldman Warns
1. Goldman Sachs predicts average tariff rates to rise up to 15%. 2. Recession probability increased from 20% to 35% by Goldman Sachs. 3. S&P 500 expected to decline 5% in three months; 5,300 target set. 4. Inflation forecast raised to 3.5%, highest since earlier predictions. 5. Stock market returns expectations slashed, indicating bearish sentiment.