Economy bears turn bulls seeing 3% GDP for U.S. few saw in 2012

Bearish forecasts for the U.S. economy are giving way to more optimistic views of the nation’s ability to weather federal spending cuts and tax increases. At Morgan Stanley in New York, Chief U.S. Economist Vincent Reinhart now sees a 3 percent pace of growth in the first quarter, up from 0.8 pe…

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Economy bears turn bulls seeing 3% GDP for U.S. few saw in 2012