Goldman Sachs Trader: US Stocks Soar While the Market Turns a Blind Eye to Recession Risks

On August 6, Jin10 reported that a macro trader at Goldman Sachs stated that a 30% probability of a U.S. economic recession may sound like a warning signal, but global stock markets remain strong, as "shorting almost seems unreasonable" in the face of current market momentum. "The key is that the market cannot see far enough into the future. That's why it ignores the risks of an economic recession," Paolo Schiavone wrote in the report. He pointed out that investors may overlook the possibility of a slowdown in the labor market, instead focusing on strong Liquidity and structural growth themes such as artificial intelligence and fiscal credit expansion.