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Global Macroeconomic Outlook for 2016

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Super Contributor

Global Macroeconomic Outlook for 2016

Good morning all. This is a nice video from Goldman Sachs regarding the macroeconomic outlook of the world for 2016 - Check it out and I am sure you will enjoy to listen to the overview : https://www.youtube.com/watch?v=YjQvUYEnk_E
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Super Contributor

Re:Global Macroeconomic Outlook for 2016

Ah dont know 'bout that but ah do hope the alsi does an Uncle Limpy today.
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Super Contributor

Re:Global Macroeconomic Outlook for 2016

He did mention political uncertainty in some emerging markets and I thought think SA is one of those unfortunately...
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Super Contributor

Re:Global Macroeconomic Outlook for 2016

3 cheers for Uncle Limpy!
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Frequent Contributor

Re:Global Macroeconomic Outlook for 2016

You really want to listen to Goldman Sachs, the same company that told all their clients to buy sub-prime mortgages in 2006 and 2007 and went short against their own clients...?
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Super Contributor

Re:Re:Global Macroeconomic Outlook for 2016

and not long ago saw gold above $2500?
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Super Contributor

Re:Global Macroeconomic Outlook for 2016

Ok, so you guys don't like GS... Its just interesting to listen to them all, in the end they probably know more than us... but to be honest nobody should listen to anyone, human beings are by default ridiculously bad at any sort of forecasting...
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Super Contributor

Re:Re:Global Macroeconomic Outlook for 2016

I totally agree with your last statement. Nothing wrong with following the news. I like to be well informed and follow the action and ignore all forecasting.
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Super Contributor

Re:Re:Re:Global Macroeconomic Outlook for 2016

Great! I think its good to know whats going on but not to have chatter alter ones decisions though.
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Super Contributor

Re:Global Macroeconomic Outlook for 2016

Looks like commodities starting where they left off last year.. I predict massive oversupply..commodity prices hitting record lows.. mining companies closing down this year..I think the rand weakness is a blessing to commodity stock prices at the moment..Its artificially inflated the earnings..In dollar terms these companies look bad..AGL will double by year end once the prices start recovering after supply comes offline..
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