03-20-2020, 11:54 AM
Goldman sees Q2 GDR dropping 24%
03-20-2020, 03:55 PM
(03-20-2020, 11:54 AM)chrisk Wrote: Wall Street becomes more realistic
https://www.cnbc.com/2020/03/20/goldman-...rcent.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.
(03-20-2020, 11:54 AM)chrisk Wrote: Wall Street becomes more realistic
https://www.cnbc.com/2020/03/20/goldman-...rcent.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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