RE:Manchin Says "No" - Don't Be Surprised To See Sub 47 TodaySub 47 in the first ten minutes of trading, no surprise there eh ? Are we gonna hit 45 beofre the year is out ?
Fiddy wrote:"(CNN Business) Senator Joe Manchin's opposition to the Build Back Better Act prompted Goldman Sachs to swiftly dim its US economic outlook.
The Wall Street firm told clients Sunday it no longer assumes President Joe Biden's signature legislation will get through the narrowly divided Congress, citing the West Virginia Democrat's announcement that he's a "no" on the $1.75 trillion bill.
"A failure to pass BBB has negative growth implications," Goldman Sachs economists, led by Jan Hatzius, said in the research report.
https://www.cnn.com/2021/12/19/economy/goldman-sachs-joe-manchin-build-back-better/index.html"