Goldman Sachs ups its U.S. GDP forecast to 2.9% in Q1 and 2% in Q2, citing recent "solid"...

|By:, SA News Editor

Goldman Sachs ups its U.S. GDP forecast to 2.9% in Q1 and 2% in Q2, citing recent "solid" economic reports and saying the economy has shown notable resilience to higher taxes. With better economic growth though, is a reduction in the QE timeframe, which Goldman now sees beginning to wind down at 2014's start and finished by Q3.