Comments on: 6 MACRO FORECASTS FROM GOLDMAN SACHS http://pragcap.com/6-macro-forecasts-from-goldman-sachs Thu, 18 Mar 2010 11:55:48 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Aki_Izayoi http://pragcap.com/6-macro-forecasts-from-goldman-sachs#comment-6003 Aki_Izayoi Tue, 15 Sep 2009 15:26:40 +0000 http://pragcap.com/?p=8925#comment-6003 "1. We expect real GDP to rise at a 3% annual rate during the second half of 2009. 2. However, recovery in 2010 is apt to be more anemic. 3. The unemployment rate should continue to drift up, to about 10¼% by year-end 2010. 4. Inflation is not a significant threat, at least for the next few years. 5. Monetary tightening is highly unlikely before the end of 2010. 6. Treasury yields should come down." 1. correct since it says "real" and it would be a valid prediction in a deflationary environment. 2-6. Correct. Damn... I am not a contrarian, “1. We expect real GDP to rise at a 3% annual rate during the second half of 2009.

2. However, recovery in 2010 is apt to be more anemic.

3. The unemployment rate should continue to drift up, to about 10¼% by year-end 2010.

4. Inflation is not a significant threat, at least for the next few years.

5. Monetary tightening is highly unlikely before the
end of 2010.

6. Treasury yields should come down.”

1. correct since it says “real” and it would be a valid prediction in a deflationary environment.

2-6. Correct. Damn… I am not a contrarian,

]]> By: Paul http://pragcap.com/6-macro-forecasts-from-goldman-sachs#comment-5994 Paul Tue, 15 Sep 2009 10:57:00 +0000 http://pragcap.com/?p=8925#comment-5994 Hi TPC, what is your sense of where S&P might go near term before any pull back? It seems very odd with a straight up move since early Sept. Hi TPC, what is your sense of where S&P might go near term before any pull back? It seems very odd with a straight up move since early Sept.

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