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- Goldman Sachs’ mid-year economic outlook is relatively positive.
- The firm downgraded the probability of a recession to 20% from 25% to 35% earlier.
- Stay invested, favor US stocks, and tilt to higher-quality credit, top experts said.
Drivers in traffic jams often try to change lanes to ones seemingly moving faster. But according to a 1999 study by the statistics professor Robert Tibshirani, it’s an illusion. Lane changing doesn’t speed things up, and it can increase the risk of collisions.
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