Economics

The Global Economy May Have Bottomed Out Already, Goldman Says

  • Bank’s current activity indicator in February is slightly up
  • Jamie Dimon says doesn’t see a recession but remains wary

Feb. 20: Goldman's Oppenheimer Says Recession Is Unlikely

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The global economy may have already bottomed out, according to Goldman Sachs Group Inc. Chief Economist Jan Hatzius.

While growth remains soft, Goldman’s current activity indicator in February is slightly above the downwardly-revised December and January numbers.