REUTERS/Brendan McDermid
- Goldman Sachs thinks the consensus view on Wall Street is too bearish about economic growth in 2024.
- Goldman sees no recession this year and estimates 2024 GDP growth to be double the consensus.
- Here's why Goldman isn't concerned about the worries plaguing Wall Street strategists.
Wall Street is increasingly concerned about a slowdown in economic growth and a potential recession in 2024, but not Goldman Sachs.
The investment bank's top economists said in a note over the weekend that the top risks facing the US economy this year are of little to no concern to them.