Cows Look Like Maps@sh.itjust.works to

News@lemmy.worldEnglish · 1 day ago

Goldman Sachs’ chief economist just downgraded the entire U.S. economy as Trump’s latest tariff salvo rattles markets

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Goldman Sachs’ chief economist just downgraded the entire U.S. economy as Trump’s latest tariff salvo rattles markets

Cows Look Like Maps@sh.itjust.works to

News@lemmy.worldEnglish · 1 day ago

43

The storied investment bank has forecast GDP growth to come in below Wall Street’s consensus for the first time in 2½ years.

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We have/had a magical economy that never went down even when others stagnated. Turns out the secret ingredient was democracy. Oops

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