U.S. Recession Is Still ‘Highly Unlikely,’ GSAM’s Wilson Says

The video discusses the global economic outlook, highlighting a slowdown in GDP due to trade tariffs, particularly affecting the US and China. Despite this, a recession is deemed unlikely, with the US economy showing resilience through strong consumer spending and low unemployment. Investment decisions are expected to stabilize with clearer economic conditions. Growth forecasts predict a slight slowdown, and the Federal Reserve is likely to continue easing rates, remaining data-dependent on global economic trends.

What is the primary reason for the slowing of GDP in the US and China according to the speaker?

• Natural disasters

• Trade tariffs

• Technological advancements

• Political instability

What aspect of the US economy is highlighted as a sign of strength?

• High inflation rates

• Rising unemployment

• Robust wage growth

• Increasing trade deficits

What is the expected growth rate for the US economy next year?

• Around 2.5%

• Above 3%

• Around 1.75%

• Below 1%

What action is the Federal Reserve likely to take next week?

• Increase interest rates

• Introduce new tariffs

• Cut interest rates

• Maintain current rates

What will the Federal Reserve focus on after the next rate cut?

• Data dependency

• Political changes

• Global trade agreements

• Technological innovations