Goldman Sachs sees a 19% rebound in Q3, I’d trust GS over your firm

Apr 2, 2020
10:47:10pm

VballDad All-American

Goldman sees 15% jobless rate and 34% GDP decline, followed by the fastest recovery in history

Gross domestic product is forecast to fall 9% in the first quarter followed by a stunning 34% plunge and then a 19% rebound.

https://www.cnbc.com/2020/03/31/coronavirus-update-goldman-sees-15percent-jobless-rate-followed-by-record-rebound.html[https://www.google.com/amp/s/www.cnbc.com/amp/2020/03/31/coronavirus-update-goldman-sees-15percent-jobless-rate-followed-by-record-rebound.html]

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VballDad

Previous username: NSFW
New username: SwanSong
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Messages

Author

Time

Just got off leadership call with my company. Prepare for the long haul folks.

Tare

4/2/20 3:48pm

I'm gonna go on record and say that won't happen

Backcountry

4/2/20 3:49pm

Whatever. It's going come at us wave after wave after wave until it takes us all.

SpiffCoug

4/2/20 3:50pm

RE: Whatever. It's going come at us wave after wave after wave until it takes us

Misteak

4/2/20 4:01pm

<< Deleted >>

cougaman

4/2/20 8:49pm

RE: Whatever. It's going come at us wave after wave after wave until it takes us

cougaman

4/2/20 8:49pm

Great song! “Are we so helpless against the time!?”

RUNBYU1

4/2/20 9:53pm

against the *tide

Misteak

4/2/20 10:05pm

Man it'd be nice to as smart as you.

mendoncoug

4/2/20 8:32pm

I appreciate that. Thank you for the kind words.

Backcountry

4/2/20 9:10pm

I believe modern medicine will have an answer before then

Hoax

4/2/20 3:50pm

Sorry if you've already posted somewhere, but what do you do? Interested to know

m0resn0w

4/2/20 3:51pm

Sells panic and hopelessness.

Benfica1

4/2/20 4:07pm

Fortune 500 financial services company

Tare

4/2/20 4:08pm

What they are really saying is prepare for a lot of layoffs

Chazz Reinhold

4/2/20 5:47pm

okay, so the Tare's are separating themselves from us...

Cougarclaw

4/2/20 3:52pm

Hardest I've laughed at a CB post for a long long time.

jkccoug

4/2/20 3:58pm

Because your leadership says so, it's going to happen?

LifeLongLakerFan

4/2/20 3:52pm

Absent discovery of a cure, I think you are right

El Paso Coug

4/2/20 3:53pm

They must not have heard the news yet that an immunization is now in human trial phase.

Turnpike Lane

4/2/20 3:54pm

Vaccine? March 2021 at the earliest.

Oatmeal

4/2/20 5:44pm

No, absolutely no. It is one thing to give a sick patient a medication that

doctorcoug

4/2/20 6:23pm

Surely there is time that could be reduced in this situation.

antiyewt

4/2/20 8:44pm

Change your first sentence with “would” instead of “could”

BYU '80

4/2/20 9:38pm

Right?

antiyewt

4/2/20 9:52pm

I said nothing about keeping everything closed. I only said that a vaccine is

doctorcoug

4/2/20 10:11pm

What does “this thing will be in and out...” mean, actually?

antiyewt

4/2/20 10:30pm

Herd immunity from infection will lower the R0 to the pandemic ending.

doctorcoug

4/2/20 11:16pm

Is your company the CDC?

Indy Coug

4/2/20 3:55pm

I think that companies who have a lot of employees that can effectively work

Duke Silver

4/2/20 3:55pm

I think alot of companies will increase teleworking. It will decrease commute

Powerbait DPM studnt

4/2/20 8:28pm

Does your company sell emergency preparedness items?

PJMort

4/2/20 3:55pm

Or gold?

franklyvulgar

4/2/20 3:59pm

The virus could stick around that long

Negative Equity

4/2/20 3:55pm

The leadership team at my company says things too. They are usually wrong.

RealComfortableJeans

4/2/20 3:56pm

A vaccine will hopefully be available sooner than 18 months. Now work from

Ironhide

4/2/20 3:57pm

I very much doubt it gets that bad. Just my opinion.

jkccoug

4/2/20 3:57pm

I don't know how to predict but I suspect we may see a dip in summer

Archaea

4/2/20 4:01pm

Wait, are you saying I bought all that ammo and toilet paper for nothing?

antiyewt

4/2/20 10:59pm

If this happens then nobody will have a job or money to purchase what your

Ojiisan

4/2/20 4:03pm

Yes correct. No money. We will be in bread lines.

shammy

4/2/20 10:17pm

And your company knows this how? Or just speculating worst case scenarios?

cougarnerd

4/2/20 4:07pm

I imagine worst-case scenarios. I ran one for our company out to next Spring

RealComfortableJeans

4/2/20 4:12pm

absent a vaccine, and cheap fast testing, maybe.

bald man

4/2/20 4:12pm

That site people keep referencing saying that we will hit peak deaths in two

Josef K

4/2/20 4:16pm

NYC, NJ, Chicago, Atlanta, NO and parts of Florida are the current problems. I

Benfica1

4/2/20 4:21pm

I think it is very wishful thinking to think the rest of the country has peaked

Josef K

4/2/20 4:35pm

More like, the rest of the country never really started. With travel turned down

Benfica1

4/2/20 4:38pm

Why? Not everywhere in the world is Northern Italy or NYC. We're not all

Memmo

4/2/20 6:41pm

Heard many times on CB: ‘We aren’t ____’

Josef K

4/2/20 8:26pm

You haven’t read any of his posts before apparently

BYU '80

4/2/20 9:41pm

It’s not hard if you stop and think about how test availability has ramped up.

antiyewt

4/2/20 9:53pm

And you have such a tendency for being optimistic through all of this

BYU '80

4/2/20 9:40pm

Huge surprise. This guy predicts doomsday. Economy shut off for 18 mos = ruin

shammy

4/2/20 10:19pm

Well good news, if this lasts longer than 4 months nobody will have to worry...

Coug

4/2/20 4:20pm

Correct. Gotta factor that in at some point

shammy

4/2/20 10:20pm

People will move to "survival of the fittest" stage well before 18 months pass

BYUFootballisBack

4/2/20 4:43pm

The good news is we will all be killed by COVID before then

D.T. Survivor

4/2/20 4:48pm

We are not staying at home until the virus goes away - thats not the goal!

savagecougar

4/2/20 6:02pm

I've seen no real indication that officials are really even looking for a time

fattycoug

4/2/20 6:14pm

Clearly none of them have the guts to do it

BYU '80

4/2/20 9:43pm

That's all reasonable, but doesn't seem to be what's happening. Which

Memmo

4/2/20 6:46pm

RE: That's all reasonable, but doesn't seem to be what's happening. Which

savagecougar

4/2/20 9:45pm

I could see an impact that long -

Swish

4/2/20 7:02pm

do you work for Jesus?

Mayor of Cougartown

4/2/20 7:50pm

RE: do you work for Jesus?

Tare

4/2/20 8:01pm

Goldman Sachs sees a 19% rebound in Q3, I’d trust GS over your firm

VballDad

4/2/20 10:47pm

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