Finance
Goldman Sachs Projects Inflation to Get Worse Over the Winter
Goldman Sachs expects inflation to get worse over the winter.
Goldman Sachs believes inflation has not yet peaked. Axios reports:
“The current inflation surge will get worse this winter before it gets better,” Goldman Sachs Global Investment Research warns clients in a “2022 U.S. Economic Outlook.”
Driving the news: But Goldman expects the economy “to reaccelerate to a 4%+ growth pace over the next few quarters as the service sector continues to reopen, consumers spend part of their pent-up savings, and inventory restocking gets underway.”
Notably, Goldman Sachs data starts with an inflation measurement that is one third lower than the reported inflation rate.
CNBC’s Jim Cramer believes inflation is much worse than being reported.
Any American who has driven through a drive-through restaurant since Joe Biden took over knows inflation is worse than reported. Food at restaurants appears to be twice as costly as it was a year ago.
-
China vs US5 years agoDr. Leana Wen – Medical CNN Propagandist – Has A History With the CCP & Eugenics Programs
-
Politics4 years agoBiden Economic Advisor Brian Deese: The Only Viable Path to Energy Independence is to Reduce Fossil Fuel Use to “Zero” (VIDEO)
-
Coronavirus5 years agoLaboratories in US can’t find Covid-19 in one of 1,500 positive tests
-
Coronavirus5 years agoCDC Finally Withdraws Criminally Fraudulent COVID-19 PCR Test
-
Coronavirus5 years agoFormer Pfizer VP: ‘Your government is lying to you in a way that could lead to your death’
-
Coronavirus4 years agoCourt Orders FDA To Comply With FOIA and Release Information On Pfizer Vaccine – First Batch of Documents Shows Over 1,200 Vaccine Deaths WITHIN FIRST 90 DAYS
-
Bombshell Interview4 years agoThe Covid Vaccine Gives You Aids – Dr. Ariana Love
-
Banned Videos5 years agoFormer Pfizer VP & CSO Dr. Michael Yeadon Blows the Whistle on the Covid 19 Vaccine: “The elites aren’t taking this vaccine”
-
Orwellian Nightmare5 years agoImmunologists Say the MRNA Vaccine is a ‘Big Mistake’ as New Data Show Accumulation in Reproductive Organs
-
Corruption5 years agoBiden Administration Urges Supreme Court to Uphold Warrantless Gun Confiscations
-
NWO Documents4 years agoDark Winter
-
Election Theft5 years agoJudge Orders Election Do-Over after 78% of Mail-in Ballots Proved Fraudulent — Notary Arrested
You must be logged in to post a comment Login