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08.12.11
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Much to the chagrin of right wing proponents, and for that matter, to anyone in valiant support of the dogma of big business health as a key driver of economic wellbeing, the Occupy Wall Street protests continue to rage on full throttle. In the refuge of Zucotti Park, NY, shaggy-haired collegiates and other such interesting folks inclined to support high levels of government intervention have remained steadfast in their opposition of all things Wall Street.
07 February 2012
Domestic:
Various research analysts at major investment banks entered 2012 with modest expectations for domestic economic growth and equity performance, and rightfully so. According to Goldman Sachs Global Investment Research Report on Global Themes and Risks, analysts took a quite bearish outlook on domestic prospects, with estimates of 2% GDP growth in 2012. I think it is fair to assert that not many people in the financial industry foresaw the 7% rally YTD in the S&P, as many equity research analysts are now capitulating on their original theses.





