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A Glimmer Of Good News: Goldman Raises Its Q2 GDP Estimates To 1.2%, From 1.1%, But Turns Even Gloomier On Q3

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Thu, 08/26/2010 - 08:05 | 545362 HelluvaEngineer
HelluvaEngineer's picture

Unless the numbers are just horrible today, I expect we're going to rally.  Thoughts?

Thu, 08/26/2010 - 08:08 | 545365 GIANTKILR
GIANTKILR's picture

That's what I was thinking. A down week, and this glimmer of hope is good for a 100pt. rally!

Thu, 08/26/2010 - 08:07 | 545364 peripatetic86
peripatetic86's picture

There will be a rally today, it does not make sense but it makes sense, if you know what I mean.

Thu, 08/26/2010 - 08:14 | 545377 russki standart
russki standart's picture

Time to break out the Champagne. Let´s dance till we sink..

Thu, 08/26/2010 - 08:19 | 545382 dan22
dan22's picture

The Amazing Story of the Hui Xing Gold Mine Ponzi Scheme in Inner Mongolia

http://israelfinancialexpert.blogspot.com/2010/08/chinas-shark-loan-ponzi-finance-amazing.html

Thu, 08/26/2010 - 08:23 | 545384 LeBalance
LeBalance's picture

Ahem:

Ed McKelvey sez: "We here at Goldman have quaterbacked the Royal financial plunder of the World.  We wrote all the *best* paper.  But now that it is time to point out the responsible "factors" we will take no credit.  We are so Humble in our pursuit of God's work!"

Thu, 08/26/2010 - 08:29 | 545398 thepigman
thepigman's picture

Uh... if GS is right,what does this say
about the earnings
estimates that are
out there?

Thu, 08/26/2010 - 13:23 | 546120 Bankster T Cubed
Bankster T Cubed's picture

hey man, this is America.  Earnings growth is always 5x gdp growth!  forever!

Thu, 08/26/2010 - 08:28 | 545395 Cognitive Dissonance
Cognitive Dissonance's picture

A Glimmer Of Good News: Goldman Raises Its Q2 GDP Estimates To 1.2%, From 1.1%, But Turns Even Gloomier On Q3

The Totalitarian Tango. One step forward, two steps back.

Thu, 08/26/2010 - 08:45 | 545422 knukles
knukles's picture

This getting like, so da-ted.  You know, it's just so '30's like. 
Just whateverrrrrrrrrrrrrrrrrrrrrrrrrrrrrr.

 

Thu, 08/26/2010 - 09:29 | 545540 Sudden Debt
Sudden Debt's picture

 

 

PARTY LIKE IT'S 1999 BABY!

FREE BEER AND COKE FOR EVERYBODY!

 

 

Thu, 08/26/2010 - 11:44 | 545893 Bankster T Cubed
Bankster T Cubed's picture

F*** goldman

Thu, 09/30/2010 - 03:05 | 614842 Herry12
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