Thread regarding Goldman Sachs layoffs

Goldman Sachs Doubles Down (No Recession)

"Part of our disagreement with consensus arises from our more optimistic view on whether a recession is necessary to tame inflation. We think that a continued period of below-potential growth can gradually rebalance supply and demand in the labor market and dampen wage and price pressures with a much more limited increase in the unemployment rate than historical relationships would suggest."

https://www.goldmansachs.com/insights/pages/why-the-us-can-avoid-recession-in-2023.html

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