Goldman Sachs raises its estimate for Q3 growth to 2.8% ...Middle East

The Atlanta Fed GDPNow growth estimate was raised to 3% today from 2.5%. Now Goldman is also raising its estimate but only by 0.3% from the same 2.5%. They now see growth for Q3 at 2.8%. 2.8% or 3% and S&P/Dow at new record level, 50 basis points seems a stretch? Meanwhile the 10 year yields made a new low for the run lower today down to 3.599%. That is the lowest level since Early June 2023. This article was written by Greg Michalowski at www.forexlive.com.

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