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Singapore’s growth forecast cut to 2.3%

SINGAPORE — Private sector economists expect the Singapore economy to grow by 2.3 per cent this year - down from their previous estimate of 2.8 per cent in March.

The downgrade comes after the Singapore economy grew just 0.2 per cent in the first quarter.

http://www.todayonline.com/singapore/sin...ast-cut-23

(12-06-2013, 04:13 PM)CityFarmer Wrote: [ -> ]Singapore’s growth forecast cut to 2.3%

SINGAPORE — Private sector economists expect the Singapore economy to grow by 2.3 per cent this year - down from their previous estimate of 2.8 per cent in March.

The downgrade comes after the Singapore economy grew just 0.2 per cent in the first quarter.

http://www.todayonline.com/singapore/sin...ast-cut-23

0.2 x 4Q seems more like 0.8 to me.

Seth klarman don't think much of GDP forecasting. See his book Margin of Safety.