When the facts change I change my mind, what do you do sir
-
Goldman's Top Economist Just Made The Call We've Been Waiting 5 Years To Hear
Goldman's top economist, Jan Hatzius, just said the words we've been wanting to hear for five years. He believes the economy is now growing at an above-trend pace. Goldman's own proprietary current activity indicator (CAI) is showing its fastest growth since the crisis, and though he acknowledges that some of the strong May activity is the result of a snapback from a tough winter, he says that even without that snapback we're still growing at a strong rate. Here's his statement: Despite the 1% drop in real GDP in the first quarter, we believe that the US economy is now growing at an above-trend pace. The best way to ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jun 9, 2014 4:09pm Jun 9, 2014 4:09pm
- Pip Anon
- Joined Jan 2013 | Status: Trading defies logic | 1796 Comments
- Comment #2
- Quote
- Jun 9, 2014 4:48pm Jun 9, 2014 4:48pm
- Guest
- | IP XX.XXX.22.99
- Comment #3
- Quote
- Jun 9, 2014 5:27pm Jun 9, 2014 5:27pm
- Guest
- | IP XX.XXX.4.159
- Comment #4
- Quote
- Edited Jun 10, 2014 3:02am Jun 9, 2014 6:06pm | Edited Jun 10, 2014 3:02am
- Mike Haran
- | Commercial Member | Joined Oct 2010 | 699 Comments
- Comment #5
- Quote
- Jun 9, 2014 6:09pm Jun 9, 2014 6:09pm
- Thx
- | Joined Nov 2013 | Status: Mystic | 15 Comments
I see it all in between ...
- Comment #6
- Quote
- Jun 9, 2014 6:18pm Jun 9, 2014 6:18pm
- TheTopBloke
- | Joined Sep 2007 | Status: Forex God | 1035 Comments
- Comment #7
- Quote
- Jun 10, 2014 3:11am Jun 10, 2014 3:11am
- Mike Haran
- | Commercial Member | Joined Oct 2010 | 699 Comments
- Comment #8
- Quote
- Jun 10, 2014 10:02am Jun 10, 2014 10:02am
- COGSx86
- Joined Dec 2013 | Status: Member | 464 Comments
Learn, a forex trader must, unlearn and relearn he will.
- Comment #9
- Quote
- Jun 10, 2014 12:58pm Jun 10, 2014 12:58pm
- Ivan89
- | Joined Jun 2014 | Status: Member | 1 Comment
Every human is a lie & me too.