Goldman Sachs: As long as consumers keep shopping, there's hope for the economy

📆 12/9/2018 9:39 PM
📰 CNBC

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Although falling stocks and rising interest rates will continue to weigh on sentiment, those negatives are likely to be offset by higher wages and retreating oil prices, Goldman says in a research note to clients.

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Even if it’s with borrowed money?

Omg so it’s up to the consumer to save the economy by shopping while GoldmanSachs steals money

Economic growth underpinned by consumer spending, can never be sustainable. It's a 'debt wish' for households.

Economic growth underpinned by consumer spending, can never be a sustainable economic growth. Goldman has this wrong.

Jesus Christ where do they hire these execs?

The sky is blue and pigs can’t fly 🤨 justpaymenow

不論敗家看景氣......廢話

Analysis like this is why they get the big bucks

And water is wet..

Why Goldman analysts get paid the big bucks...

Until the credit card payments come due! There is no bottomless well.

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