When Wall Street's Weathermen Begin To Panic

Having promised silver-linings after each and every disappointing data item of the last two months, it appears even the sell-side's most ardent optimist has thrown in the towel (along with Goldman) as Deutsche's Jo Lavorgna stokes the "no rate hike please" meme after today's dismal durable goods data...

What made up his mind?

 

As it seems the sell-side is waking up to the possibility that it's not just the weather...

 

As a reminder... it was the weather...

 

Now it seems real!!??