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Goldman Sachs has lowered its forecast for a potential US recession to 20%, following a reassessment prompted by the latest employment and retail trade data. The change comes after it raised its recession probability earlier this month, initially pegged at 25% due to disappointing job growth figures in early August. Earlier, Goldman Sachs economic analysts had raised their recession risk estimates when the July jobs report showed nonfarm payrolls rose by just 114,000, significantly below expectations and down from the revised June figures. The disappointing report contributed to a temporary stock market downturn and raised alarms about the potential weakening…

For investors looking to mitigate the impact of recent market fluctuations, buffer ETFs are a potential solution. Bruce Bond, CEO of Innovator ETFs, advocates for these specialized funds to provide some protection against market downturns. In an interview on CNBC's "ETF Edge," Bond emphasized the appeal of buffer ETFs, especially for those seeking market involvement with reduced risk. "This approach is ideal for investors who want to participate in market gains without being completely exposed to market downturns," Bond said. Innovator ETFs releases new buffer ETFs monthly. For example, their August ETF, trading under the ticker PAUG, provides a 15%…