Wall Street Breakfast April 18: Goldman Sachs Sees 1 in 3 Chance of Recession
Wall Street Breakfast - A podcast by Seeking Alpha
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The Goldman Sachs economics team says that there is now a 35% chance of a U.S recession over the next two years, with the labor market a particular problem for the Federal Reserve. Heading into the first major earnings reporting season of 2022, companies that fall under the Software as a Service, or SaaS umbrella, are facing a challenging market that is likely to remain volatile for the foreseeable future. Online advertising names - the well-known Internet giants are facing rough macroeconomic seas ahead.