Tuesday, July 3, 2012

What Goldman Sachs Employees are being Told about China

It's crashing.

According to Business Insider, Jim O.Neill,chairman of Goldman Sachs Asset Management forwarded this chart along with others to Goldman Sachs portfolio managers and senior executives. (Though O'Neill thinks China will now ease to reverse the down trend. What O'Neill doesn't realize  is how much monetary easing will have to be done to reverse the downtrend and that the People's Bank of China is coming nowhere close. )

1 comment:

  1. Always do the opposite what Goldman says to outsiders, that's us.