Goldman Sachs has raised the probability of a US recession in the next year to 25% from 15%, due to increased economic risks and potential rate cuts by the Federal Reserve. Despite the unemployment rate rising to 4.3% in July, Goldman Sachs analysts believe overall economic data remains strong, and there are no major financial imbalances. The bank expects the Fed to implement three 25 basis point rate cuts in September, November, and December. Financial analysts suggest individuals prepare for economic downturns by diversifying investments, building emergency funds, paying down high-interest debt, and maintaining a long-term focus. The financial market is also anticipating deeper rate cuts, with an 86% probability of a half-point cut at the September policy meeting. Experts emphasize the necessity of being informed about global and domestic financial affairs and evaluating personal financial stability in the face of potential recession risks.