Goldman, Morgan Stanley raise economic outlooks

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Goldman, Morgan Stanley raise economic outlooks, and Goldman says jobless rate could be lowest since 1953

-Both Goldman Sachs and Morgan Stanley have raised their expectations for economic growth in 2018.

-The new projections put GDP above 3 percent for the year, a number in line with the Trump administration's hopes.


-Both forecasts see growth slowing ahead as fiscal stimulus wears off.

https://www.cnbc.com/2018/08/06/gol...e-economic-forecasts-to-3-percent-growth.html