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-0.000286937184668001 -1.1955716027822E-05 0.000526051505224577 0.000597785801391645 -0.00224767461323272 -0.00251070036584494 0.00112383730661622 0.00200856029267587
Stock impact report

Wall Street Reacts To Today's Stagflationary Data Dump [zero hedge]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: zero hedge
Wall Street Reacts To Today's Stagflationary Data Dump After today's stagflationary GDP print, which came below the lowest Wall Street estimate even as core PCE came in above the highest estimate ... ... there has been an outcry of horror from Wall Street's traders, analysts and strategists as the BEA once again steamrolled all over Wall Street's benevolent forecasts for a soft, or no, landing and crash-landed right into stagflation nation. Below we excerpt from some of the most notable kneejerk responses and comments: Ian Lyngen at BMO Capital Markets, on the potential implication of the core PCE inflation gauge this morning on tomorrow’s monthly release: “The question has quickly become whether this is due to revisions from Jan/Feb or if tomorrow’s monthly core-PCE report will reveal a stronger-than-consensus (+0.3%) print.” Ira Jersey, Bloomberg Intel chief Rates strategist “The rate market is keenly focused on the PCE deflator beating expectations in 1Q. We still target 4.70% as a Show less Read more
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