COVID-19 – Day 124: Goldman Sachs 2nd Quater GDP Contracting by 24%

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(E)  CNBC reported the latest economic forecast of Goldman Sachs. Economists, at the financial firm, are forecasting a historically sharp and swift recession, with second-quarter GDP sinking a stunning 24% after a 6% decline in the first quarter.

 

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Note: The picture above is from the Año Nuevo State Park where the elephant seals enjoy its beaches every winter.

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