Oct 29, 2010

Abby Joseph Cohen on the stop and go economy

It looks to us as if the economy is growing more slowly than it was at the beginning of the year but we just don't see the preconditions for double-dip. So, our judgment is real GDP growth of about 1.5% for the next several months, followed by re-acceleration.

~Abby Joseph Cohen, president and senior investment strategist of Global Markets Institute, Goldman Sachs, CNBC, October 4th, 2010

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