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"There is a lot of pent-up demand," economists and policymakers are too negative on the economy,...

"There is a lot of pent-up demand," economists and policymakers are too negative on the economy, says Lloyd Blankfein. The "big risk is that things go right" with the global economy. TLT +26%, TBT -49% Y/Y.
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Comments (5)
  • Boxed Merlot
    , contributor
    Comments (1587) | Send Message
     
    He's right, there is a lot of pent up demand. People want to see these people pay for their criminal conduct and soon.

     

    He's also right in his belief the big risk is that things go right. That will mean he and his ilk will be riding a greased rail in a black feather suit.
    25 Apr 2012, 12:02 PM Reply Like
  • bbro
    , contributor
    Comments (10706) | Send Message
     
    There is pentup demand...look at the postponable purchases to GDP
    ratio...
    25 Apr 2012, 12:13 PM Reply Like
  • 153972
    , contributor
    Comments (921) | Send Message
     
    Why didn't GS in its latest earnings report be more aggressive in its loan dept. if there is a lot of pent up demand?

     

    The best Blankfein could do is keep quiet and only speak when he resigns.
    25 Apr 2012, 12:50 PM Reply Like
  • Placebo Investment Advice
    , contributor
    Comments (3633) | Send Message
     
    Blankfein says: "The big risk is that things go right" with the global economy.

     

    Blankfein's "big risk" is that his cronies in government won't have the political confidence to bail out his company during the Euro-breakup global bank panic.
    25 Apr 2012, 01:46 PM Reply Like
  • wimdw
    , contributor
    Comments (6) | Send Message
     
    If ecomomy goes better ---> rate's up and TBT up?
    26 Apr 2012, 03:02 AM Reply Like
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