IMO if G.S. says it then it could happen a lot earlier than what they say.
U.S. Stocks Decline From Records Amid Rate Speculation
By Joseph Ciolli Jul 8, 2014 6:32 AM GMT+1000
U.S. stocks fell from records, led by a plunge among small companies, as investors weighed valuations and speculated the Federal Reserve may raise interest rates sooner than expected.
Goldman Sachs Group Inc. brought forward its forecast for the Fed to raise interest rates, joining companies including JPMorgan Chase & Co. and Bank of Tokyo-Mitsubishi UFJ Ltd. in moving up estimates following the jobs data last week.
The central bank will increase its benchmark rate in the third quarter of 2015, rather than the first three months of 2016, Goldman Sachs Chief Economist Jan Hatzius wrote in a report yesterday.
http://www.bloomberg.com/news/2014-...futures-little-changed-amid-rate-concern.html
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