Quote:
Originally Posted by Tacoma
Quote:
Originally Posted by IK6SPEED
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I don't care for Goldman Sachs but why attack the messenger by posting links to 3 articles critical of them (so fast, within 3 min of my post!) instead of directly addressing the issue? The article did qualify that this was an about-face from their gloomy forecast last month.
I'm on the fence on this and have already stated my reasons for possibly a more optimistic view, so maybe it would be more purposeful if you can elaborate on why your pessimistic view is more realistic?
With due respect, for the sake of everyone's financials, I certainly hope you're wrong.
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I've already summed it up in last posts.
Doesn't matter what GS, Trump, Cuomo, Fauci, Brix or anyone says.
What matters is what consumers believe and we've already seen a record drop in Consumer Sentiment which is echoed in many reports, with a large majority saying they will not discontinue social distancing even after Government says it's safe.
Over half expect to continue working from home in the future.
Plan for worse, hope for best.