Morgan Stanley (MS): Morgan Stanley and Goldman Sachs slashed...

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Thursday, 08/18/2011 6:03:02 PM

Thursday, August 18, 2011 6:03:02 PM

Morgan Stanley and Goldman Sachs slashed their forecasts for global economic growth, citing weaker- than-expected growth in the second quarter of this year, along with slower global trade growth and additional austerity measures announced in several countries.

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