Looks like Goldman Sachs agrees with the prediction that I posted on January 2nd.
Today they released a statement saying that they expect the U.S. economy to drop into recession this year, prompting the Federal Reserve to slash benchmark lending rates to 2.5 percent by the third quarter.
You can read the release here:
http://news.yahoo.com/s/nm/20080109/bs_nm/usa_economy_goldman_dc_2
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