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<blockquote data-quote="Old Man Jingles" data-source="post: 4413606" data-attributes="member: 18222"><p>Sounds reasonable:</p><p></p><p><em>In a Friday research note, the bank projected a 24 percent drop in the U.S. GDP in the second quarter — a stark revision from its prediction of a <a href="https://www.bloomberg.com/news/articles/2020-03-15/goldman-sees-sharp-u-s-contraction-nber-would-label-a-recession" target="_blank">five percent drop</a> earlier this week. Goldman Sachs does see a slight rebound in Q3 and Q4 of 12 percent and 10 percent, respectively, but that still leaves the GDP down 3.8 percent at the end of the year.</em></p></blockquote><p></p>
[QUOTE="Old Man Jingles, post: 4413606, member: 18222"] Sounds reasonable: [I]In a Friday research note, the bank projected a 24 percent drop in the U.S. GDP in the second quarter — a stark revision from its prediction of a [URL='https://www.bloomberg.com/news/articles/2020-03-15/goldman-sees-sharp-u-s-contraction-nber-would-label-a-recession']five percent drop[/URL] earlier this week. Goldman Sachs does see a slight rebound in Q3 and Q4 of 12 percent and 10 percent, respectively, but that still leaves the GDP down 3.8 percent at the end of the year.[/I] [/QUOTE]
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