GS: talking both side of its mouth!

On Monday the US head of equity at GS said that he could only see blue skies ahead and that the bank's new S&P target was 2,850. This morning the economist of GS said that the last time the market had the same "symptoms" -- you know it cannot be good when they use these terms, was in 1929 just before the crash.

Both of these guys are based in the same building in NYC, you would think that they talk to each other! In reality, the world of banks is constructed in such a way as to avoid this type of "collusion" There is a method to the madness.

On the other side of the equation, GS can say it got it right either way: If the world's economy continues to grow or if we are facing a 10-year correction a la 1929. Only time will tell.

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