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Goldman Sachs Lowers Economic Outlook, Citing the Rise in COVID-19 Cases

Goldman Sachs Lowers Economic Outlook, Citing the Rise in COVID-19 Cases

Goldman Sachs (NYSE: GS) lowered its outlook for the United States economy on Monday. Goldman's chief economist, Jan Hatzius, sees the increase in COVID-19 cases domestically as a hindrance to the economic rebound. Goldman Sachs still sees growth jumping 5.8% next year.