Merrill Cuts 2009 U.S. GDP Forecast: Chart of the Day

July 22 (Bloomberg) — Merrill Lynch & Co. economists clipped their forecasts for U.S. growth, making revisions that they described as “adjusting to the new reality.”“Just like consumers, who are insulating their windows and making fewer trips to the malls, we are adjusting our economic forecasts to the new high-oil-price reality, not to mention the [...] continue reading world news