According to Goldman Sachs, US inflation will fall below 4% this year.
Meena Lakdawala-Flynn, co-director, said, “We think inflation is peaking in the US right now. The probability of a recession in 2023 also increases.”
She stated that her customers are turning to investment instruments related to health, energy, technology, and real estate. Lakdawala-Flynn added that the interest in cryptocurrencies and NFTs continues.