Reported about 2 months ago
In a crucial week for Wall Street, Goldman Sachs has cut its recession risk outlook ahead of the Federal Reserve's Jackson Hole Symposium, where insights into potential interest rate cuts will be revealed. Concurrently, retail earnings from major companies like Lowe's, Target, and Ross will highlight consumer focus, while the Democratic National Convention in Chicago will see President Biden and Vice President Kamala Harris address the nation, outlining economic priorities for the upcoming election.
Source: YAHOO