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, August 16, 2012
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spread of wildfires in the forest of Garajonay National Park, La Gomera, Spain, Sunday, Aug. 12, 2012. Wildfires spurred by high temperatures raged across Spain's Canary Islands of La Gomera and Tenerife as well as Ourense in northwestern Spain on Saturday, August 11. Flames are threatening some of Europe's oldest surviving forests of Garajonay National Park in La Gomera and have forced the evacuation of hundreds of people across the country. (AP Photo/Andres Gutierrez)
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