Tags: Housing | Market | Goldman | bottom

U.S. Housing Market ‘Bottoming Out,’ Goldman Sachs’ O’Neill Says

Friday, 16 Mar 2012 09:39 AM

The U.S. housing market “looks like it is bottoming out,” Jim O’Neill, chairman of Goldman Sachs Asset Management, said in a Bloomberg Television interview in London today.

“The trend of unemployment looks to be better than most people continue to talk about,” he said.

O’Neill coined the BRIC term in 2001 to describe the four nations that he estimates will collectively equal the U.S. in economic size by 2020, Brazil, Russia, India and China.


© Copyright 2017 Bloomberg News. All rights reserved.

 
1Like our page
2Share
74
2012-39-16
Friday, 16 Mar 2012 09:39 AM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved