Presented with no commentary but an awful sense of deja vu all over again...
Goldman Sachs GDP 'forecasts'... sometimes you just have to laugh
[4]
And the consensus GDP forecasts... or cry
[5]
It appears that as much as broad swathes of America have tumbled into exuberant mediocrity - celeberating nothing more than participation with trophies the size of small buses for kids who managed to don a soccer uniform and breathe in and out for 60 minutes a week - the Wall Street strategist/economist has been reduced to the same - an extrapolating, don't stray far from the herd, mean-reverting, status-quo-supporting mass of mediocrity... and their trophies... million-dollar salaries (no matter how many times they screw up and are proved entirely wrong)
