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Silver Report Uncut: Fed Suspends GDP Tracker After Cascade of Heavy GDP Downgrades

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Silver Report Uncut Sep 4, 2021 Between today’s catastrophic jobs report, the near record plunge in consumer confidence, the troubling contraction in retail sales where reports have missed expectations for 3 months in a row, whether it is due to the end of stimulus payments or the recent restrictions from the crisis, one bank after another took a machete, or in the case of Morgan Stanley, a nuke to their GDP Q3 forecast, with Goldman now expecting GDP to grow just by 3.5% this quarter, its second downgrade in a month (it was 8.5% just one month ago) while Morgan…

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