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September 01, 2020 10:18am
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Goldman Sachs Lowers Q4 Growth Forecast Due to Trade Wars

Goldman Sachs is forecasting that the ongoing U.S.-China trade war will have a larger effect on growth. In fact, the global investment firm just lowered its fourth-quarter growth forecast by 20 basis points to 1.8%, which could negatively affect U.S. equities moving forward. “We have increased our...
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