Pessimism grows at businesses, an NABE survey finding about two-thirds of corporate economists see GDP growth of just 1.1%-2% over the next year, nearly double the amount expecting such 3 months ago. Just 5% of those surveyed expect growth exceeding 3%. Priced in? Those buying the long bond at less than a 3% yield better hope not.
Pessimism grows at businesses, an NABE survey finding about two-thirds of corporate economists...
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