Home > economic collapse, Economy > Goldman Cuts Q2 GDP Forecast To 2.0% Following Miserable Factory Orders

Goldman Cuts Q2 GDP Forecast To 2.0% Following Miserable Factory Orders

“We suggested that Goldman would trim its Q2 forecast following the abysmal Factory orders number earlier. Sure enough, here it comes. To our surprise, however, the cut was on 0.1%. This can only mean that Hatzius has left more dry powder for further GDP cuts as more and more high frequency economic “misses” rise to the surface.”

Via Zero Hedge

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Categories: economic collapse, Economy
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