US Economic Growth Suddenly Collapses, As Even Goldman Says "Not Good" | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

US Economic Growth Suddenly Collapses, As Even Goldman Says "Not Good"

Just days after we warned that the US economy is rapidly rolling over, as even the otherwise cheerful UMich chief economist Richard Curtin observed that over the past half century the UMIch survey "Sentiment Index has only recorded larger losses in six other surveys, all connected to sudden negative changes in the economy," today's dismal retail sales data was the straw that finally broke the back of any last trace of positive sentiment.

And shortly after we published the summary of the latest Bank of America Fund Manager Survey which showed that overall sentiment had collapsed with expectations for growth, profits and inflation all plunging in August...

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