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Goldman cuts U.S. financials, admits goofed on upgrade (Reuters)

Started by riky, June 23, 2008, 07:43:23 PM

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riky

Goldman cuts U.S. financials, admits goofed on upgrade
    (Reuters)

 


Reuters - Goldman Sachs & Co strategists urged U.S. stock
investors to "underweight" the nation's financial and consumer
discretionary sectors, admitting that it was mistaken when it
upgraded both sectors just seven weeks earlier.


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