BlockBeats News, May 11th, as US economic data remains robust, corporate earnings solid, and the AI capital expenditure boom continues, market concerns about a US economic recession are quickly dissipating. Forecast market data shows that the probability of a recession in the US this year has dropped to 19%.

At the same time, Goldman Sachs has also lowered its prediction of the US economic recession probability to 25% and delayed its expectations for a Fed rate cut. The market generally believes that the US economy is more likely to enter a "slowdown but not a recession" soft landing phase.

Driven by this, the S&P 500 continues to hit new all-time highs, Wall Street's risk appetite further recovers, and the AI, tech, and growth sectors remain the focus of funds.