Here it is in all its glory -- Goldman is forecasting no Fed rate hikes until 2012. That means over two more years of ultra-low interest rates. It's counter-consensus and well below what the market expects.
Do we hear a freight train coming?
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See Also:
- Dear Goldman: Welcome To Your New Neighborhood!
- John Stossel: Why Goldman Sachs Is Good For America (NWS, DIS, GS)
- Are We Wrong About The Suckiness Of Goldman’s Lobby Art?