Yesterday, out of left field, Goldman hiked its March NFP forecast from +175,000 to match consensus at +200,000. This is rather odd, considering Goldman's recent bearish spin on economic data. As it turns out the justification for this is not only to align with the trendline in ADP and claims data, but because now, suddenly, Goldman thinks that the 100,000 jobs boost due to warm weather, will not be unwound until April. In retrospect this makes sense: Goldman also recently gave up on the Fed announcing the NEW QE in April, as a result the next such opportunity will be June, which in turn means that a rapid ... (full story)