What’s ahead for economies and markets in 2023?
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Introduction
Global growth slowed sharply in 2022, weighed down by surging inflation and interest rates. Goldman Sachs feels pretty good about the idea that a soft landing is possible. We do assign a 35% probability to a recession but it's not a low number. Jan Hotzius: "We're expecting further 3%, 3.5% numbers for real disposable income growth"
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