Bloomberg Interviews Goldman's Rapaciously (For The Time Being) Bullish Jan Hatzius

Tyler Durden's picture

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slaughterer's picture

"policymakers staying on the sidelines"

how long will they stay there on the sidelines and let Jan and his company do God's work without interference?

ghostfaceinvestah's picture

Classic psychology - herd following behavior.  It served our ancestors well, but makes investing, or forecasting, very, very hard.

Not to mention the real career pressures to conform to the company's stated position.

gwar5's picture

Later, among the ashes, he'll testify that he was just following orders...

Inflation "a drag" on households but, by golly, the S&P should be go to 1500 this year.

Zero Govt's picture

"..we're early in the recovery.."

Yes sure, and I'm off to grab my pot of Gold at the end of the Rainbow too... i suspect we'll arrive at the same time to 'Point Fantasy' 

thepigman's picture

Nirvana's just around the corner

hanging out with the housing bottom.

thepigman's picture

What???? Everything's already priced

beyond nirvana? Well, fuck all.

Zero Govt's picture

how much better Goldman Sachs had gone bankrupt in 2007-08 and we wouldn't have had to put up with 3 years of BS from these insolvents?

Capitalism is supposed to work by killing shit like this, now you understand why it's so important, gives your bleedin' ears a rest just for starters

thepigman's picture

He's already hedging. My bs meter

detects he is  shifting all the happy

outcomes to the 2nd half,  so he's

already sensing trouble ahead.

Rainman's picture

Low inflation is an easy call when you know the CPI is rigged to the overweight in housing. Rock on, dude.

99er's picture

RUT

18% "gain"?

Edit: Russell futures added.

http://www.zerohedge.com/forum/99er-charts-0

co2010's picture

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co2010's picture

MBT simulates natural conditions for your feet to walk and run farther and longer. The MBT Womens Koshi Sandals Brown do work. MBT writes unbalance for your body and feet so you have to react to receive adapted to it,read more. So,Ive been being amazed what on earth population are thinking come seal MBT shoes Chapa Coffee.From my very bodily perspective outlook, Id consider that for bulk people,MBT shoes and Masai Barefoot Technology immobile remain a high suspect tag in their heads.What what what How how how Indeed, Womens MBT Shoes VOI is a very decorative invention. Karl Mull,who is the inventor,unveiled to us the sighting that had been through stared for hundreds (if not thousands) of years. The sighting is, human feet are not arranged for even ground. For too prolonged have we been walking on bathe, flat and hard grounds. For too prolonged have we been riding horses and buses, or flying. We forgot that we are immobile what we are: vibrant being in the nature.We Womens MBT Sirima Shoe sacrificed ourselves to let go of machines. We sacrificed our feet for aesthetic reasons. We sacrificed our medicinal for convenience.

Caviar Emptor's picture

 

On whether this is a buying opportunity in the market: 

First of all it's a Borse not a Market anymore. 

 

Savonarola's picture

We're on our way to the mother of all train wrecks.

Gawd.

 

Zero Govt's picture

no, more subsidies to prop up AmTrak

Caviar Emptor's picture

 

Global Food Inflation: here to stay as a chronic thorn in the side, a sore that never fully heals. It will eventually turn ugly as it ends up being the only thing that matters anymore to an increasing number of countries and populations. 

Unemployment levels: this was another leg down in the ongoing downsizing of America. There won't be full or even adequate replacement of jobs lost as a result of the crisis during the ensuing business cycle. And then the next leg down. Around the world tonight, levels of unemployment are unprecedented. In the US the numbers appear better than they real are thanks to the magic of data massage (read participation rate and other stupid BLS tricks). But nobody's fooled except for those who chose to fool themselves or con others. There won't be a reaction until the elite begin to fear for their lives and property. 

Consumer spending: the nub of the issue since our partners in crime (mainly China) depend on this. Biflation will continue to ensure the further erosion of consumer buying power. That in turn will erode margins further. Wash rinse repeat. Double WHammy. 

Inflation: Headline numbers appear better because inflation and deflation are canceling out. As I've said many times. CPI is 40% housing related. Nuff said. 

Job creation: is fine in China and Russia thanks to US multinationals shifting their focus and endeavors. They'll sooner hire there than here. 

 

RobotTrader's picture

Jan Hatzius is just another "cattle prodder" in the PPT's arsenal to get the herd moving in the direction the PigMen are trading.

May 2008:  "Buy, Buy Buy!!!  Subprime is contained, no impact on the economy whatsoever!!"

September 2008:  "Sell!!!  There are cracks in the system, GDP is going to implode!!!"

April 2009:  "Buy, the Fed is going to keep buying more CDO Squared/Cubes!!"


 

May 2010:  "The Fed is stopping QE!!  The Flash Crash means the system is going to implode!!  Sell!"

September 2010:  "The Fed is cranking up QE2!  They were only kidding about withdrawing stimulus.  Full speed ahead!!  Buy, Buy, Buy!"


TradingJoe's picture

Mein Gott Jan, halt endlich die Schnautze Du blamierst dich nur!

 

 

 

Judge Judy Scheinlok's picture

WHAT A BUDDY HOLLY LOOKING FREAKAZOID.

 

UNDERNEATH THAT SKIN IS A LIZZARD OVERLORD WAITING TO MOLT.

chump666's picture

So the dumb arse investments banks hold commodity/stock/risk FX longs, they are about to get squeezed to hell.   They are long everything.  With the Fed backstopping they couldn't go wrong. 

now the feeble attempt at a bull trap

poor fella's picture

He looks, talks, and thinks like Jack Nicholson in One Flew Over the Cuckoo's Nest.

Post lobotomy...    drivel and b.s.

** time - for - the pillow **

Bansters-in-my- feces's picture

Lying,cheating,thieving Banksters make me puke.

But I hear they make good compost.

maneco's picture

This guy is full of it. Seems more like a PR man than an economist!

Fíréan's picture

I have no faith in any public statements coming out of Goldman Sachs.

If any of their employees have the time, please explain why we ought to trust or believe.

Lord Koos's picture

"Having said that, there are also a number of more positive factors pointing in the other direction and that improve household budgets, the improvements in the labor markets probably the most important of them. It is a potential negative, but I think it is being outweighed by other forces."

Can somebody translate this for me?