Goldman Sachs Cuts S&P Target From 1,500 To 1,450

Tyler Durden's picture

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hugovanderbubble's picture

And what about munibonds? Goldman?

tarsubil's picture

So 1400 will be the top? Just look at the chart on page 4. Who would, given complete financial freedom, want to invest in that?

Bob's picture

"Absence of QE7" is right.  Could this be part of the charade where QE3 becomes a widely promoted "necessity"?  Me thinks so. We gotta keep sweating that S&P.  We just gotta.

Must. Not. Let. It. Drop. 

Otherwise, what do we have to tell the proles?

LRC Fan's picture

Upgrades-Uber bullish

Downgrades are simply "regular bullish"

Look for a market pop at some point today.  Count on it. 

snowball777's picture

We're sorry...our previous S&P target was specified in octal notation.


Dolemite's picture

Sell EuroUSD and stocks
Buy long end of US treasuries

knukles's picture


Such a noble change in forecast.
One day's finaglings.

boiltherich's picture

But but....did they not just increase estimates for long oil?  Like on Tuesday?  Did they think we would just not notice falling real GDP?  Or that we could put two and two together and figure out where the market manipulation is coming from?  I am issuing my own forecast, look for pitchfork and torch futures to rise exponentially. 

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