Thursday, November 8, 2012

Goldman Sachs cuts 4thQ 2012 US GDP from 1.9 to 1.5

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11/7/12,Goldman’s Post-Mortem: “Congratulations Mr. President, We Are Cutting Q4 GDP To 1.5%“,Zero Hedge

Congratulations on the four more years, Mr. President. To celebrate, Goldman starts by cutting the Q4 GDP forecast from 1.9% to 1.5% (and let’s not forget that the same Goldman is predicting a 15% drop in the S&P in the next two months to get the Fiscal Cliff deadlock to break).”…

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