Friday, August 01, 2008

Goldman: "Second Half Slowdown Ahead"

by Bill McBride on 8/01/2008 10:38:00 PM

Goldman Sachs put out a research note late today lowering their projections for the second half.

"[W]e are on the cusp of a renewed deceleration in growth."
I think others will follow and the 2nd half recovery will be cancelled.

There is always next year!