"Goldman Sachs, whose forecasters have been among the most downbeat about the strength of the recovery, said in a note to investors Wednesday that prospects for U.S. growth had "brightened significantly in recent weeks." The bank revised its 2011 growth forecast for gross domestic product to 2.7%, from 2.0%."
Translation:
While we try hard, we have no ability whatsoever to predict the future. Our forecasts are based on the prevailing sentiment of the day. Stay tuned for further revisions...
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