Goldman Sachs predicts no recession in 2019 but sees a 'pretty sharp slowdown'

  • There is general pessimism among market participants in the U.S. over where the market is heading amid rising interest rates from the U.S. Federal Reserve and geopolitical tensions, especially between the U.S. and China.

 

  • A survey of 500 Wall Street wealth managers by Natixis in December showed that the majority felt that the longest bull market in history will come to an end in 2019.

 

  • The Fed is expected to raise interest rates twice in 2019.

 

(Source: CNBC