At Least Wall Street Has A Sense Of Humor

Presented with no commentary but an awful sense of deja vu all over again...

 

Goldman Sachs GDP 'forecasts'... sometimes you just have to laugh

 

And the consensus GDP forecasts... or cry

 

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)