Goldman raises recession odds to 30% on higher inflation, lower GDP outlook as oil prices surge | Fortune
Goldman Sachs now expects Brent crude to average $105 per barrel in March and $115 in April before retreating to $80 by year-end, assuming roughly six weeks of Hormuz supply disruptions.
Here's a puzzling question: Why are stocks at record highs despite looming tariffs?
"The economy has proven to be more resilient than many feared in the face of tariff threats," says Brad Peterson, who's the national portfolio adviser at Northern Trust.
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