Banking committee today and the house financial services committee on thursday. so we ll stay on top of that. a major investment bank warns the odds of the u.s. going into recession are getting worse. goldman sachs had been pre predicting a 15% chance of a recession over two years. now they are predicting 30% over the next year. the bank also says that it is downgrading its forecast for the gdp the rest of the year and 2023. so not a great picture. and the u.s. stock market bounced back tuesday. the dow closed up 600 points, the nasdaq and s&p were up around 2.5%. last week of course was the market s worst week since the early days of the pandemic in march 2020. if we look at u.s. futures, what a difference a day makes. red arrows right across the board with really nasdaq perhaps seeing the biggest losses when it opens later today.
That the unreconciled and frozen funds have mf global customers and others. i simply do not know where the money is or why the accounts have not been reconciled to date. reporter: corzine is also expected to testify again before the house financial services committee on thursday. his company, mf global, filed for bankruptcy protection on october 31st, martha? martha: he will also have two other executives there as i understand it, kelly, from mf global. who are these two and what do we expect them to say in there? reporter: you re exactly right. henry st. camp, chief officer and bradley ablow of chief financial officer of mf global will be prepare there today. in prepared remarks they will express regrets for the situation. ablow we expect him to say i am deeply troubled by the fact that customer funds are missing. i assure you i share the your interest and public s interest to find out exactly what happened.