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Posts Tagged ‘ Sachs ’

Goldman Sachs on Fed Funds rate: “Fairly easy path to a second hike in March”

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Goldman Sachs on Fed Funds rate: “Fairly easy path to a second hike in March”

A few excerpts from a research piece by Goldman Sachs economists David Mericle and Daan Struyven A Road Map to Hikes in March and Beyond The FOMC raised its target range for the federal funds rate to 0.25-0.50% this week, shifting attention to the pace of subsequent hikes. While the median dot indicates a...
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Goldman Sachs predicting 2011 downturn for homebuilders

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Goldman Sachs predicting 2011 downturn for homebuilders

This year may not be a great year for homebuilders as existing inventory floods the market through foreclosure resales and pessimism prevails about the spring home-selling season. According to Goldman Sachs (GS: 164.83 +0.12%), the first month of the year produced numbers indicating weak demand for new houses. Based on January mortgage application data,...
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