The economist from Goldman Sachs that predicted the depression, is now seeing shoots and seeds, and improvements in exports.
"Modestly positive growth rates..."
He predicted the economy would shrink 7% in Q1 at the day of the market low.
Previously, Jan Hatzius said this:
“The potential for an economic implosion and subsequent world recession is huge and could surpass the biggest financial crash in history of that of the Great Depression”.
Now he sees a recovery! After he misses a 30% move!
Did Goldman cover their shorts?