Goldman sees Q2 GDR dropping 24% - Printable Version

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Goldman sees Q2 GDR dropping 24% - chrisk - 03-20-2020

Wall Street becomes more realistic

https://www.cnbc.com/2020/03/20/goldman-sees-an-unprecedented-stop-of-economic-activity-with-2nd-quarter-gdp-contracting-by-24percent.html

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RE: Goldman sees Q2 GDR dropping 24% - Farm93 - 03-20-2020

(03-20-2020, 11:54 AM)chrisk Wrote:  Wall Street becomes more realistic

https://www.cnbc.com/2020/03/20/goldman-sees-an-unprecedented-stop-of-economic-activity-with-2nd-quarter-gdp-contracting-by-24percent.html

It is a start, but with 7 or more of the relatively wealthy states with large economies issuing stay-at-home for weeks and every state using social distancing for months that feels a bit light.   But I do like that they are tossing out a fairly big number as that gives me some assurance that the stock market is already pricing in the impact of the tepid federal government responses.

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