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Goldman says it's become more cautious on the economy over the near-term, noting that even a...

Goldman says it's become more cautious on the economy over the near-term, noting that even a "modest" slowdown feels "more dangerous than normal." The firm cites some key factors: An end to GDP growth acceleration, earlier data strength that may have been weather-related and not based on any sustainable trend, and fiscal policy that's consolidating and monetary policy appears to have run its course.
Comments (9)
  • NickL975
    , contributor
    Comments (39) | Send Message
     
    Of course the media is responsible for this more 'dangerous than normal' Seriously!!! Since when is 120K jobs (with the UE rate falling to 8.2%) a 'disaster' or disappointing as some news outlets are saying?? What does 'weather related' have to do with anything? Did the 'weather' put more money in peoples pocket to spend at the mall (especially on designer clothing) & other discretionary spending?? Sure, heating costs may have been lower solely due to lower usage but gasoline prices & food prices continue to increase which just seems to be shrugged off by most people (since revolving credit card usage is surging again while savings are plunging).
    9 Apr 2012, 09:24 PM Reply Like
  • Jolly_Rancher
    , contributor
    Comments (550) | Send Message
     
    It's been just a week or so since GS was wildly bullish on stocks!!!!!! These people are a hoot. One can easily imagine how many sides of their mouth they talk all day long.
    9 Apr 2012, 09:31 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5603) | Send Message
     
    I wager that if you are a Goldman Sachs "muppet", you get the feeling that you don't know what they want you to do with your investments. If you are a Goldman Sachs "man", then all of the talk doesn't matter. You are taken care of with a special touch and information.
    Thus the theme song of Goldman Sachs: "Am I a Muppet or a Man" (apologies to the Grammy winning song from The Muppets)

     

    Goldman Sachs is made up of "the best of the best on Wall Street", at least that is what they would like people to believe.
    9 Apr 2012, 10:20 PM Reply Like
  • stevegrowth
    , contributor
    Comments (109) | Send Message
     
    Yes, GS bullish one week ago but sell their stock before publishing a "bear news stock"
    9 Apr 2012, 11:07 PM Reply Like
  • coramoor
    , contributor
    Comments (12) | Send Message
     
    While people are selling they are buying. Rinse and repeat?
    9 Apr 2012, 11:17 PM Reply Like
  • TakeFive
    , contributor
    Comments (5204) | Send Message
     
    It's important that GS be right.

     

    They just won't know which of their mouth will get it right at this point but they've got the bases covered.
    10 Apr 2012, 12:58 AM Reply Like
  • Econdoc
    , contributor
    Comments (2944) | Send Message
     
    idiots

     

    E
    9 Apr 2012, 11:30 PM Reply Like
  • KJP712
    , contributor
    Comments (449) | Send Message
     
    Jumping in and out of the Market based on these GS reports is what is really more dangerous than normal.The sea breeze starts to call as May rounds the Bend.
    9 Apr 2012, 11:34 PM Reply Like
  • untrusting investor
    , contributor
    Comments (9955) | Send Message
     
    Ohhhhh where ohhhhhhhhhhhhh where is Abbey Joseph Cohen at GS to spout the bullish case when the market needs her?? She must be too busy counselling the muppets to make any public statements these days.
    10 Apr 2012, 01:11 AM Reply Like
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