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>> GOLDMAN SACHS Latest News

SEP 05, 2013 - Business Insider

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Goldman Sachs Just Published Its Bullish Forecast For Friday's Jobs Report

All eyes will be on Friday's August jobs report. "We expect a 200k gain in nonfarm payrolls in August, modestly above consensus expectations of 180k and in line with the 6- and 12-month moving averages," wrote Goldman Sachs' David Mericle in a note blasted to clients. "We expect that the unemployment rate held steady at 7.4% after a two-tenths decline in July, with some risk of a further decline to 7.3%." Mericle points to five reasons why he thinks it'll be strong. We paraphrase: Jobless claims trended down into the payrolls survey week. The employment component of the ISM services, Empire ... Read More

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