The U.S. economy is in a ‘sweet spot’. But markets may be getting one thing
wrong, says Goldman Sachs.
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Investors are possibly too pessimistic on the likely pace of Fed rate cuts
41 minutes ago
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Thursday, November 10, 2011
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However, they cautioned that the government was not a done deal and the situation could change by the hour. Berlusconi's chief coalition partner, the populist Northern League said it would not back Monti.
ReplyDeleteHowever the party, which is split internally, has resisted a key reform on pensions. It may have made a calculation that it would benefit from a period in opposition to redress a sharp loss of popularity from its association with Berlusconi.