U.S. Growth May Be 3% This Quarter, Herrmann Says

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Oct. 27 (Bloomberg) -- John Herrmann, senior fixed-income strategist at State Street Global Markets, talks about U.S. gross domestic product in the third quarter and the outlook for the economy, job growth and stocks. The U.S. economy grew in the third quarter at the fastest pace in a year as Americans reduced savings to boost purchases and companies stepped up investment in equipment and software. Herrmann speaks with Adam Johnson on Bloomberg Television's "Street Smart." (Source: Bloomberg)


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