What Recession: Goldman Now Expects Q2 GDP To Surge To 2.4%

One month ago, Goldman's Jan Hatzius became the butt of Wall Street nerd jokes when in the span of 73 minutes, the bank's chief economist revised his US outlook to make a recession his base case forecast... only to flipflop just over an hour later when Trump announced a delay to his tariffs, reverting to his previous "non-recession baseline", yet one where he still sees a 45% chance of recession.