OceanX: Calculating capacity; carriers in the dock; Covid concerns climb
Big is still beautiful
Goldman Sachs Group Inc. economists cut their forecasts for the U.S. economy this year and next after deciding the spread of the omicron strain of the coronavirus would exert a “modest downside” drag on growth.
In a weekend report to clients, economist Joseph Briggs said Goldman Sachs now expects U.S. gross domestic product to expand 3.8% this year, down from 4.2%. It reduced its 2022 estimate to 2.9% from 3.3%.
“While many questions remain unanswered, we now think a modest downside ...