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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: John Vosilla who wrote (80479)	3/29/2007 9:15:03 PM
From: CalculatedRisk	Read Replies (1) of 110194

WSJ: Economists Cut Back Forecasts for Growth online.wsj.com A string of downbeat economic reports, including evidence that companies are paring back investment spending and signs that housing is taking another hit, have prompted economists to reduce their forecasts for economic growth in the first half of 2007. ... Macroeconomic Advisers, an economic consulting firm based in St. Louis, lowered its forecast to 1.4% from 1.7%. Economists at Morgan Stanley reduced their tracking of first-quarter GDP growth to 1.4% from 1.6% growth; the firm's estimate was as high as 2.2% in mid-March. <MORE>

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