08-10-2018 21:39 via feedproxy.google.com

Goldman Sachs reportedly cut a key target for Marcus — and it could mean the economy is due for a sharp turn (GS)

Goldman Sachs has cut loan origination targets for its consumer lending platform Marcus for 2019, according to a Bloomberg report.
The pullback reflects the firm's growing concerns about the consumer debt market, the report said.
Marcus is a key part of Goldman CEO David Solomon's growth plans for the bank. 
Goldman Sachs is cutting a key target for its consumer lending platform Marcus, reflecting the firm's growing concerns about the consumer debt market, according to a new report.
Goldman
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