1Wealth Solutions Assess the Importance of Latest Economic Downgrades
Commercial & Investment Banking Thursday, June 13th, 2013SYDNEY, AUSTRALIA — (Marketwired) — 06/13/13 — There are growing concerns over the strength of Australia-s economy and local investors might be feeling a little on edge. Goldman Sachs recently slashed growth forecasts amid concerns over the Asia region and has just jumped on the bandwagon, downgrading its economic growth forecast for Australia to 2.6% from 3.1% for next year. With yet another major firm citing a downgrade does this mean investors in the Australian stock market need to be pu
