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Saturday, February 5, 2022

Goldman Sachs (GS) had cut US economic growth again recently! - Part 2

https://markets.businessinsider.com/news/stocks/goldman-sachs-cuts-2022-us-gdp-forecast-growth-slowdown-2022-2

GS had cut US GDP growth in 2022 to 3.2% from 3.8% in December 2021.


However, GS's forecast was much still much higher than the average Conference Board's forecast of 2.7%.  It looks like GS will continue to reduce its US forecast if the Q1 GDP turns out to be very gloomy.

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