GOLDMAN: Stop Kidding Yourself, The Economy Is Weak And Got Worse In October

GOLDMAN: Stop Kidding Yourself, The Economy Is Weak And Got Worse In October
Remember, this past week, Q3 GDP came in at 2.5%, nearly double the pace of the previous quarter.
And the stock market has rebounded sharply thanks to a surprise string of stronger-than-expected economic data.
But don't get too excited.

From Goldman's Shuyan Wu
"The GSAI fell 0.9 points from 43.3 in September to 42.4 in October.
This is the third straight decline since July, and the second straight month that the headline index has registered below the 50 mark (a sub-50 reading implies that more analysts see contraction in their sectors than expansion)".