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      04-13-2020, 03:52 PM   #14
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Quote:
Originally Posted by IK6SPEED View Post
And this article, posted above, is 7 hours old.


https://www.axios.com/consumer-senti...4c487b504.html

GS also said the economy was essentially recession proof on December 31st and 2020 would not have recession. December 31st is interesting as it was the same day the WHO was notified about the spread in Wuhan.

https://www.cnbc.com/2019/12/31/gold...ion-proof.html

And I guess you have forgotten what happened in the last recession when GS said one thing publicly while doing just the opposite? Here's a story from 6 days ago.

https://www.reuters.com/article/us-g...-idUSKBN21P2G8


Does not matter what GS, Trump or Cuomo say. What matters is what the public thinks and we know what that is.
I don't care for Goldman Sachs but why attack the messenger by posting links to 3 articles critical of them (so fast, within 3 min of my post!) instead of directly addressing the issue? The article did qualify that this was an about-face from their gloomy forecast last month.

I'm on the fence on this and have already stated my reasons for possibly a more optimistic view, so maybe it would be more purposeful if you can elaborate on why your pessimistic view is more realistic?

With due respect, for the sake of everyone's financials, I certainly hope you're wrong.
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