Goldman says downturn will be 4 times worse than housing crisis, then an 'unprecedented' recovery

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Goldman says downturn will be 4 times worse than housing crisis, then an 'unprecedented' recovery
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Goldman says downturn will be four times worse than the financial crisis

Stocks are well off their lows from when fear over the virus peaked, and Wall Street seems to be pricing in a more optimistic scenario.

As industries are gradually brought back online, that should produce an improvement in economic growth that Hatzius said would be "unprecedented" for the U.S.

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