Goldman Sachs Group Inc. economists are proving more relaxed than Wall Street rivals about the risks of a U.S. recession come 2020.
While Bridgewater Associates Inc. and JPMorgan Chase & Co. are starting to fret that tighter fiscal and monetary policies will create problems for the world’s biggest economy in two years’ time, Goldman Sachs sees just a 36 percent chance of recession over the next three years. That risk is below the historical average.
