The sharp change in trend in the ECRI’s leading index has been widely reported, however, Goldman Sachs (GS) has their own leading indicator and it is exhibiting the same negative trend seen in the ECRI’s leading index. Though the change in trend is alarming it is not a cause for panic as it is coming off of very high levels and is not occurring during a recession according to Goldman Sachs (GS).
in The Pragmatic Capitalism
Related stock, Goldman Sachs Group, Inc. (NYSE:GS)
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