Goldman's "Excel Fat Finger" - Says Earlier GDP Estimate Was A Mistake, Lowers Q1 GDP Tracking To Just 0.8%

A subordinate was trotted out to advise Goldman's clients that the firm had a glitch with its earlier GDP forecast, and what it meant to revise Q1 GDP to was 33% lower, not 1.2% but 0.8% (down from 1.4% previously, and down from 3.0% two months ago).