20100818 The same group that put out the report stating "Crude Oil on super spike to US160 per barrel". And till today we never see crude oil to that level. Moral of the story: don't believe anything these people put out, they only report what is convenient for their trading position. Bear in mind Goldman made profit every day in the first quarter..... by hoodwinking the public with their expertise. .. So double dip? Time will tell. Basically its bullshit to say 25-30% chance of recession, why not 10% 2% 80%....
Labels: fkli, index futures
2 Comments:
78% of the statistics are made up on the spot. Or should it be 73%? LOL!
Oh ya, and because they hire ivy league cream of the cream, their 25-30% estimate is 'perfect'...
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