Submitted by Tyler Durden on 05/23/2011 22:29 -0400
* Bank of Japan
* Gross Domestic Product
* Japan
* Nikkei
* Output Gap
* Purchasing Power
* recovery
* Volatility
* Yen
* Yield Curve
Following its just announced flip flop on oil, Goldman's "sellsiders" go ahead and not only cut Chinese growth prospects, but raise the Nikkei. So let's get this straight: Goldman raises its prices forecast for oil, even as it downgrades the primary driver of demand - China, and somehow the Japanese market, which suddenly is overreliant on natural resources for energy creation in the aftermath of Fukushima, is supposed to surge. Was this script written in Bollywood?
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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